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Saturday, November 23, 2024

Frederica home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Frederica rose by $123,000 while total sales increased by 25%, according to BlockShopper.com.

In January 2018, there were five homes sold, with a median sale price of $198,000 - a 164% increase over the $75,000 median sale price for the same period of the previous year. There were four homes sold in Frederica in January 2017.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for January 2018.

The following table compares Frederica to other Kent County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Felton Heights110%$219,900$159,80037.6%
Hartly550%$210,000$175,00120%
Voshell Mill21100%$206,450$259,000-20.3%
Smyrna432948.3%$205,000$226,500-9.5%
Chimney Hill3250%$204,900$136,329.5050.3%
Frederica5425%$198,000$75,000164%
Spruance City31200%$191,700$167,50014.4%
Pennwood21100%$189,500$225,000-15.8%
Wynn Wood10-$185,000$0-
Felton15150%$170,000$166,9001.9%
Woodfield20-$168,000$0-

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