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Kent County Today

Thursday, November 7, 2024

Dover home prices rise in August 2020

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The median sale price of a home sold in August 2020 in Dover rose by $31,250 while total sales increased by 33.9%, according to BlockShopper.com.

In August 2020, there were 75 homes sold, with a median sale price of $220,000 - a 16.6% increase over the $188,750 median sale price for the same period of the previous year. There were 56 homes sold in Dover in August 2019.

The median sales tax in Dover for the most recent year with available data, 2015, was $728, approximately 0.3% of the median home sale price for August 2020.

The following table compares Dover to other Kent County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Woods Haven21100%$247,500$265,000-6.6%
Highland Acres513-61.5%$242,500$225,0007.8%
Woodfield40-$240,000$0-
Milford8633.3%$232,500$143,00062.6%
Smyrna3942-7.1%$223,900$243,750-8.1%
Dover755633.9%$220,000$188,75016.6%
Spruance City23-33.3%$219,250$210,0004.4%
Wyoming92350%$215,000$123,75073.7%
Hudson Trails23-33.3%$175,750$199,000-11.7%
Pine Ridge10-$172,000$0-
Harrington1418-22.2%$165,890$144,45014.8%

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