The median sale price of a home sold in January 2017 in Marvin rose by $129,500 while total sales decreased by 25%, according to BlockShopper.com.
In January 2017, there were three homes sold, with a median sale price of $563,000 – a 29.9% increase over the $433,500 median sale price for the same period of the previous year. There were four homes sold in Marvin in January 2016.
The median sales tax in Marvin for the most recent year with available data, 2015, was $4,432, approximately 0.8% of the median home sale price for January 2017.
The following table compares Marvin to other Union County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Weddington | 10 | 1 | 900% | $712,500 | $392,000 | 81.8% |
| Marvin | 3 | 4 | -25% | $563,000 | $433,500 | 29.9% |
| Wesley Chapel | 6 | 2 | 200% | $420,000 | $186,500 | 125.2% |
| Waxhaw | 12 | 24 | -50% | $330,000 | $281,750 | 17.1% |
| Stallings | 10 | 10 | 0% | $254,000 | $204,750 | 24.1% |
| Indian Trail | 32 | 20 | 60% | $249,750 | $212,250 | 17.7% |
| Marshville | 1 | 2 | -50% | $245,000 | $127,000 | 92.9% |
| Lake Park | 3 | 1 | 200% | $147,000 | $195,000 | -24.6% |
| Monroe | 26 | 27 | -3.7% | $142,500 | $172,000 | -17.2% |
| Wingate | 3 | 0 | – | $140,000 | $0 | – |
| Mineral Springs | 1 | 2 | -50% | $75,000 | $194,000 | -61.3% |
