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Cabarrus Today

Monday, April 29, 2024

Home prices in Cabarrus County during October 2023 increased compared to the same period in 2022

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In October 2023, the median sale price of a home in Cabarrus County rose by $1,000 from the same period in the previous year, while total sales decreased by 29.9%, according to BlockShopper.com.

Data shows that there were 162 homes sold in October 2023, with a median sale price of $306,000 - a 0.3% increase over the $305,000 median sale price for the same period of the previous year. There were 231 homes sold in Cabarrus County in October 2022.

For context, the median sales tax in Cabarrus County, based on the latest available data from 2022, was $1,996, which stands at 0.7% of October 2023's median home sale price.

The following histogram displays changes in median sales prices in Cabarrus County from October 2022 to October 2023.

October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023$305,000$305,000$315,000$315,000$292,500$292,500$320,500$320,500$288,750$288,750$300,000$300,000$290,000$290,000$325,000$325,000$311,250$311,250$306,000$306,000$308,750$308,750$286,000$286,000$306,000$306,000

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