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Kent County Today

Wednesday, November 6, 2024

Rodney Village home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Rodney Village fell by $1,450 while total sales decreased by 37.5%, according to BlockShopper.com.

From July through September of 2020, there were five homes sold, with a median sale price of $150,000 - a 1% decrease over the $151,450 median sale price for the same period of the previous year. There were eight homes sold in Rodney Village in the third quarter of 2019.

The median sales tax in Rodney Village for the most recent year with available data, 2015, was $758, approximately 0.5% of the median home sale price for the third quarter of 2020.

The following table compares Rodney Village to other Kent County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Voshell Cove110%$177,000$80,851118.9%
Star Hill12-50%$164,900$223,206-26.1%
Viola103233.3%$162,500$243,000-33.1%
Woodland Beach10-$157,500$0-
Bay View Heights110%$151,000$170,000-11.2%
Rodney Village58-37.5%$150,000$151,450-1%
Houston712-41.7%$145,000$75,00093.3%
Smyrna Landing220%$138,500$160,000-13.4%
Brookhaven Estates31200%$125,000$257,000-51.4%
South Bowers13-66.7%$115,000$131,000-12.2%
Bowers41300%$103,500$345,000-70%

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