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East Lake Norman News

Thursday, November 21, 2024

Home prices in Mecklenburg County during June 2024 increased compared to the same period in 2023

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In June, the median sale price of a home in Mecklenburg County rose by $51,500 from the same period in the previous year, while total sales decreased by 31.6%, according to BlockShopper.com.

Data shows that there were 998 homes sold in June, with a median sale price of $466,500 - a 12.4% increase over the $415,000 median sale price for the same period of the previous year. There were 1,459 homes sold in Mecklenburg County in June 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 June's median home sale price.

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

June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024June 2024$415,000$415,000$390,000$390,000$402,750$402,750$419,000$419,000$420,000$420,000$419,750$419,750$395,000$395,000$398,000$398,000$415,000$415,000$425,000$425,000$426,250$426,250$445,000$445,000$466,500$466,500

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