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Kent County Today

Wednesday, November 6, 2024

Wyoming home prices rise 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 Wyoming rose by $43,375 while total sales remained unchanged with 14 homes sold, according to BlockShopper.com.

From July through September of 2020, there were 14 homes sold, with a median sale price of $217,375 - a 24.9% increase over the $174,000 median sale price for the same period of the previous year. There were 14 homes sold in Wyoming in the third quarter of 2019, as well.

The median sales tax in Wyoming for the most recent year with available data, 2015, was $512, approximately 0.2% of the median home sale price for the third quarter of 2020.

The following table compares Wyoming 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)
Smyrna1141121.8%$225,500$239,500-5.8%
Hudson Trails660%$223,500$189,45018%
Carlisle Village110%$221,000$100,000121%
Marydel24-50%$220,000$186,25018.1%
Spruance City710-30%$217,400$184,95017.5%
Wyoming14140%$217,375$174,00024.9%
Milford262218.2%$215,750$207,5004%
Moores Lake Development34-25%$215,000$310,000-30.6%
Cheswold440%$212,500$134,635.5057.8%
Dover2142063.9%$209,000$188,25011%
Harrington48456.7%$207,500$148,90039.4%

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