Over 1,000 over 1,000,000

Posted March 31, 2008

Big Increase in Number of Union County $1 Million Homes

The number of $1 million homes in Union County has more than tripled since 2004. In 2004 Union County’s tax records indicated 306 homes valued over $1 million. As of the last real estate property valuation, Union County now has 1,010 million dollar properties! That’s tremendous growth!

As recently reported, Union County NC was ranked the 7th fastest growing county in the nation. With its close proximity to Charlotte’s major banking industry, its no wonder there are so many new million dollar homes!

There are many prestigious neighborhoods in Union County that have homes worth over $1 million. Weddington, NC alone  has 228 homes valued over $1 million. Roughly half of those homes are located in the Highgate subdivision.

With such growth in the region, coupled with the lower county taxes and better schools, Union County will surely see more of these types of properties. However, one should note that the median home priced for sale in Union County is around $173,000.

Apply online for your Union County mortgage loan
or call 704-651-8704 for your free mortgage consultation.

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Posted in Buying a Home, Charlotte Area Info