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Kent County Today

Sunday, November 24, 2024

Milford (Kent County) home prices rise in the third quarter of 2018

Realestate077

The median sale price of a home sold in the third quarter of 2018 in Milford in Kent County rose by $23,150 while total sales decreased by 6.7%, according to BlockShopper.com.

From July through September of 2018, there were 28 homes sold, with a median sale price of $151,650 - a 18% increase over the $128,500 median sale price for the same period of the previous year. There were 30 homes sold in Milford in the third quarter of 2017.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the third quarter of 2018.

The following table compares Milford 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)
Bethel110%$181,000$227,000-20.3%
Hall Estates110%$180,000$265,000-32.1%
Dover247252-2%$180,000$146,00023.3%
Carlisle Village46-33.3%$179,750$207,250-13.3%
Frederica322339.1%$157,500$125,00026%
Milford2830-6.7%$151,649.50$128,50018%
Wyoming1016-37.5%$148,166.50$145,0002.2%
Marydel83166.7%$141,500$160,000-11.6%
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%
* This story only considers sales data for the part of Milford that is in Kent County.

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