From July through December of 2018, there were 17 homes sold, with a median sale price of $84,000 - a 20.4% increase over the $69,750 median sale price for the same period of the previous year. There were 56 homes sold in Cherryville in the second half of 2017.
The median sales tax in Cherryville for the most recent year with available data, 2015, was $734, approximately 0.9% of the median home sale price for the second half of 2018.
The following table compares Cherryville to other Gaston County cities with similar median sales prices in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ranlo | 2 | 17 | -88.2% | $159,750 | $107,500 | 48.6% |
| Stanley | 18 | 62 | -71% | $159,000 | $116,000 | 37.1% |
| Cramerton | 14 | 38 | -63.2% | $153,250 | $156,000 | -1.8% |
| Goshen Grove | 1 | 2 | -50% | $139,000 | $118,750 | 17.1% |
| Gastonia | 144 | 675 | -78.7% | $134,000 | $119,000 | 12.6% |
| Lowell | 8 | 29 | -72.4% | $123,000 | $109,000 | 12.8% |
| Bessemer City | 10 | 63 | -84.1% | $112,500 | $79,500 | 41.5% |
| Kings Mountain | 5 | 17 | -70.6% | $99,000 | $132,500 | -25.3% |
| Brown Town | 1 | 1 | 0% | $87,500 | $40,000 | 118.8% |
| Cherryville | 17 | 56 | -69.6% | $84,000 | $69,750 | 20.4% |
| Springdale | 2 | 4 | -50% | $80,500 | $125,000 | -35.6% |
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