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Kent County Today

Sunday, November 24, 2024

Spruance City home prices rise in the third quarter of 2018

Realestate3

The median sale price of a home sold in the third quarter of 2018 in Spruance City rose by $8,770 while total sales decreased by 42.9%, according to BlockShopper.com.

From July through September of 2018, there were four homes sold, with a median sale price of $188,770 - a 4.9% increase over the $180,000 median sale price for the same period of the previous year. There were seven homes sold in Spruance City in the third quarter of 2017.

The median sales tax in Spruance City for the most recent year with available data, 2015, was $674, approximately 0.4% of the median home sale price for the third quarter of 2018.

The following table compares Spruance City 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)
Wynn Wood51400%$200,000$189,9005.3%
Kent Acres1314-7.1%$199,500$166,685.5019.7%
Brookfield13-66.7%$195,000$265,000-26.4%
Smyrna11910414.4%$190,000$225,379-15.7%
Ryans Run41300%$189,050$239,900-21.2%
Spruance City47-42.9%$188,770$180,0004.9%
Highland Acres131118.2%$188,000$209,900-10.4%
Viola24-50%$185,750$234,000-20.6%
Harrington2142-50%$183,000$141,577.5029.3%
Bethel110%$181,000$227,000-20.3%
Hall Estates110%$180,000$265,000-32.1%

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