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Saturday, April 19, 2025

Garrison Lake Green home prices rise in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Garrison Lake Green rose by $14,000 while total sales increased by 83.3%, according to BlockShopper.com.

From July through December of 2018, there were 11 homes sold, with a median sale price of $261,500 - a 5.7% increase over the $247,500 median sale price for the same period of the previous year. There were six homes sold in Garrison Lake Green in the second half of 2017.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.5% of the median home sale price for the second half of 2018.

The following table compares Garrison Lake Green to other Kent County cities with similar median sales prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Brenford56-16.7%$285,000$265,0007.5%
Brookfield34-25%$281,000$275,0002.2%
Hammville52150%$269,000$140,009.5092.1%
Quails Nest34-25%$268,100$339,500-21%
Hickory Ridge8560%$262,000$290,000-9.7%
Garrison Lake Green11683.3%$261,500$247,5005.7%
Cheswold513-61.5%$255,000$185,30037.6%
Big Oak Corners110%$254,900$256,900-0.8%
Lucky Estates5425%$254,000$148,50071%
Planters Woods34-25%$247,000$117,350110.5%
Brookhaven Estates26-66.7%$245,500$224,9509.1%

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