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Foothills Review

Saturday, May 11, 2024

2020: Home prices in Kings Mountain increased

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The median sale price of a home sold in 2020 in Kings Mountain rose by $34,000 while total sales decreased by 22.7%, according to BlockShopper.com.

From January through December of 2020, there were 34 homes sold, with a median sale price of $172,500 - a 24.5% increase over the $138,500 median sale price for the previous year. There were 44 homes sold in Kings Mountain in 2019.

The median sales tax in Kings Mountain for the most recent year with available data, 2019, was $1,162, approximately 0.7% of the median home sale price for 2020.

The following table compares Kings Mountain to other Gaston County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Springdale1215-20%$202,500$133,00052.3%
Vinton Woods131118.2%$190,000$192,000-1%
Ranlo90847.1%$188,500$167,50012.5%
West Cramerton35-40%$188,000$148,00027%
Gastonia1,7181,6017.3%$175,000$158,00010.8%
Kings Mountain3444-22.7%$172,500$138,50024.5%
Ashebrook Park6450%$171,000$189,500-9.8%
Dallas212219-3.2%$169,750$140,00021.3%
Stanley1581468.2%$169,500$171,000-0.9%
Fallcrest89-11.1%$151,000$89,00069.7%
Goshen Grove15-80%$145,000$150,000-3.3%

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