Midland Market Report
$717,169
AVERAGE PRICE OF 72 HOMES$2,146,629
AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES$277,900
AVERAGE PRICE OF 1 NEWLY BUILT HOMES$1,541,633
AVERAGE PRICE OF 3 HOMES WITH A POOL$488,800
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $717,169 |
| Avg Bedrooms | 1.56 beds |
| Avg Bathrooms | 1.5 baths |
Average Price by Bedrooms
| 2 bedrooms | $241,666 |
| 3 bedrooms | $505,795 |
| 4 bedrooms | $890,133 |
| 5 bedrooms | $649,950 |
Midland Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 57 | 48 | 56 | 59 | 66 |
| Average Price | $739,125 | $775,175 | $690,857 | $689,321 | $687,723 |
| Avg Price Change | -4.88% | +12.20% | +0.22% | +0.23% | -3.41% |
| Median Price | $539,305 | $536,100 | $432,065 | $435,848 | $439,900 |
| Med Price Change | +0.60% | +24.08% | -0.88% | -0.93% | -9.17% |
| Avg Bedrooms | 1.66 beds | 1.68 beds | 1.94 beds | 1.92 beds | 1.91 beds |
| Avg Bathrooms | 1.51 baths | 1.55 baths | 1.77 baths | 1.75 baths | 1.72 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Central Cabarrus | 22 | $540,190 | 60 days |
| Hickory Ridge | 1 | $599,900 | 70 days |
| Independence | 1 | $454,000 | 190 days |
| Unspecified | 36 | $660,036 | 127 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 72 | $717,169 | 121 days |
| Multi-Million Dollar Homes | 11 | $2,146,629 | 303 days |
| Newly Built Homes | 1 | $277,900 | 48 days |
| Homes with a Pool | 3 | $1,541,633 | 30 days |
| Reduced Price Homes | 5 | $488,800 | 85 days |
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