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Cabarrus Today

Friday, November 22, 2024

Cabarrus County home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Cabarrus County rose by $61,000 while total sales decreased by 6.3%.

From January through June of 2022, there were 2,176 homes sold, with a median sale price of $311,000 - a 24.4% increase over the $250,000 median sale price for the same period of the previous year. There were 2,323 homes sold in Cabarrus County in the first half of 2021.

The median sales tax in Cabarrus County for the most recent year with available data, 2019, was $1,619 approximately 0.5% of the median home sale price for the first half of 2022.

The following histogram displays changes in median sales prices in Cabarrus County from January 2021 to June 2022.

Jan. - June 2021July - Dec. 2021Jan. - June 2022$250000$250000$286000$286000$311000$311000

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