Midland Market Report
$695,027
AVERAGE PRICE OF 54 HOMES$2,177,514
AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES$352,640
AVERAGE PRICE OF 2 NEWLY BUILT HOMES$1,035,500
AVERAGE PRICE OF 6 HOMES WITH A POOL$579,666
AVERAGE PRICE OF 3 REDUCED PRICE HOMESAverage Home
| Average Price | $695,027 |
| Avg Bedrooms | 1.69 beds |
| Avg Bathrooms | 1.48 baths |
Average Price by Bedrooms
| 2 bedrooms | $265,000 |
| 3 bedrooms | $507,480 |
| 4 bedrooms | $1,147,120 |
Midland Home Price Trends
| 8/2023 | 7/2023 | 6/2023 | 5/2023 | 4/2023 | |
|---|---|---|---|---|---|
| Total Listings | 62 | 73 | 77 | 70 | 68 |
| Average Price | $690,042 | $652,943 | $646,798 | $758,200 | $728,245 |
| Avg Price Change | +5.68% | +0.95% | -17.22% | +4.11% | -1.57% |
| Median Price | $467,314 | $458,303 | $460,566 | $498,903 | $498,596 |
| Med Price Change | +1.97% | -0.49% | -8.32% | +0.06% | -0.39% |
| Avg Bedrooms | 1.77 beds | 1.85 beds | 1.81 beds | 1.72 beds | 1.55 beds |
| Avg Bathrooms | 1.56 baths | 1.6 baths | 1.61 baths | 1.53 baths | 1.49 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Central Cabarrus | 19 | $624,556 | 115 days |
| Independence | 1 | $820,000 | 8 days |
| Unspecified | 27 | $580,885 | 172 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 54 | $695,027 | 163 days |
| Multi-Million Dollar Homes | 7 | $2,177,514 | 389 days |
| Newly Built Homes | 2 | $352,640 | 113 days |
| Homes with a Pool | 6 | $1,035,500 | 77 days |
| Reduced Price Homes | 3 | $579,666 | 57 days |
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