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Foothills Review

Saturday, May 11, 2024

January 2021: Home prices in Kings Mountain increased

Realestate4

The median sale price of a home sold in January 2021 in Kings Mountain rose by $63,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In January 2021, there were four homes sold, with a median sale price of $205,500 - a 44.2% increase over the $142,500 median sale price for the same period of the previous year. There were four homes sold in Kings Mountain in January 2020, as well.

The median sales tax in Kings Mountain for the most recent year with available data, 2019, was $1,162, approximately 0.6% of the median home sale price for January 2021.

The following table compares Kings Mountain to other Gaston County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Fallcrest110%$260,000$72,500258.6%
Lowell7540%$246,000$109,000125.7%
Brown Town110%$232,500$55,000322.7%
Belmont1834-47.1%$222,500$268,250-17.1%
Mount Holly201266.7%$215,500$227,000-5.1%
Kings Mountain440%$205,500$142,50044.2%
Ranlo440%$201,750$135,00049.4%
Cramerton105100%$200,000$465,000-57%
Bessemer City912-25%$195,000$127,00053.5%
Alexis10-$170,000$0-
Ashebrook Park10-$166,000$0-

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