East Lake Norman News

In July, the median sale price of a home in Mecklenburg County rose by $50,000 from the same period in the previous year, while total sales decreased by 8.4%, according to BlockShopper.com.

Data shows that there were 1,086 homes sold in July, with a median sale price of $440,000 - a 12.8% increase over the $390,000 median sale price for the same period of the previous year. There were 1,185 homes sold in Mecklenburg County in July 2023.

For context, the median sales tax in Mecklenburg County, based on the latest available data from 2022, was $2,241, which stands at 0.5% of July's median home sale price.

The following histogram displays changes in median sales prices in Mecklenburg County from July 2023 to July 2024.