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Kent County Today

Saturday, November 23, 2024

Rodney Village home prices fall in the third quarter of 2018

Realestate077

The median sale price of a home sold in the third quarter of 2018 in Rodney Village fell by $29,050 while total sales increased by 100%, according to BlockShopper.com.

From July through September of 2018, there were 10 homes sold, with a median sale price of $117,450 - a 19.8% decrease over the $146,500 median sale price for the same period of the previous year. There were five homes sold in Rodney Village in the third quarter of 2017.

The median sales tax in Rodney Village for the most recent year with available data, 2015, was $758, approximately 0.6% of the median home sale price for the third quarter of 2018.

The following table compares Rodney Village to other Kent County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Woodfield13-66.7%$140,000$196,000-28.6%
Lucky Estates23-33.3%$139,387.50$49,500181.6%
Smyrna Landing4333.3%$127,500$160,000-20.3%
Felton Heights220%$120,150$245,300-51%
Pine Ridge13-66.7%$118,125$140,000-15.6%
Rodney Village105100%$117,450$146,500-19.8%
Hartly171154.5%$113,000$138,500-18.4%
Kenton50-$110,000$0-
Misty Pines110%$92,000$219,000-58%
Bush Manor110%$81,500$205,000-60.2%
Woodside20-$75,416.50$0-

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