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East Wake Times

Saturday, April 27, 2024

Knightdale home prices rise in August 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in August 2019 in Knightdale rose by $20,500 while total sales increased by 3.8%, according to BlockShopper.com.

In August 2019, there were 55 homes sold, with a median sale price of $205,500 - a 11.1% increase over the $185,000 median sale price for the same period of the previous year. There were 53 homes sold in Knightdale in August 2018.

The median sales tax in Knightdale for the most recent year with available data, 2016, was $1,433, approximately 0.7% of the median home sale price for August 2019.

The following table compares Knightdale to other Wake County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Timberlake21100%$245,000$165,00048.5%
Garner63613.3%$235,000$215,0009.3%
Lynwood Estates12-50%$233,000$210,00011%
Echo Heights110%$232,000$125,00085.6%
El Camino Estates21100%$210,500$167,50025.7%
Knightdale55533.8%$205,500$185,00011.1%
Waco Heights27-71.4%$205,000$187,0009.6%
Colewood Acres3250%$185,000$175,0005.7%
Heatherbrook21100%$172,500$223,000-22.6%
Golden Forest21100%$169,500$177,000-4.2%
Queen Pines20-$167,750$0-

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