Quantcast

Kent County Today

Wednesday, November 6, 2024

The fourth quarter of 2020: Capitol Park experienced a 81.5% drop in median home prices

Realestate2

The median sale price of a home sold in the fourth quarter of 2020 in Capitol Park fell by $72,500 while total sales decreased by 14.3%, according to BlockShopper.com.

From October through December of 2020, there were six homes sold, with a median sale price of $16,500 - a 81.5% decrease over the $89,000 median sale price for the same period of the previous year. There were seven homes sold in Capitol Park in the fourth quarter of 2019.

The median sales tax in Capitol Park for the most recent year with available data, 2015, was $803, approximately 4.9% of the median home sale price for the fourth quarter of 2020.

The following table compares Capitol Park to other Kent County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
South Bowers35-40%$157,000$248,000-36.7%
Rodney Village59-44.4%$152,000$115,14832%
Pine Ridge14-75%$132,000$152,450-13.4%
Woodland Beach10-$124,000$0-
Hartly151225%$120,001$202,500-40.7%
Lucky Estates12-50%$44,900$75,950-40.9%
Bay View Heights110%$39,900$169,000-76.4%
Smyrna Landing3250%$38,000$155,500-75.6%
Star Hill Village14-75%$27,500$127,581.50-78.4%
Capitol Park67-14.3%$16,500$89,000-81.5%
Kenton17-85.7%$13,300$202,500-93.4%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

MORE NEWS