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Kent County Today

Wednesday, November 6, 2024

Home prices decreased in Smyrna Landing during the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Smyrna Landing fell by $117,500 while total sales increased by 50%, according to BlockShopper.com.

From October through December of 2020, there were three homes sold, with a median sale price of $38,000 - a 75.6% decrease over the $155,500 median sale price for the same period of the previous year. There were two homes sold in Smyrna Landing in the fourth quarter of 2019.

The median sales tax in Smyrna Landing for the most recent year with available data, 2015, was $619, approximately 1.6% of the median home sale price for the fourth quarter of 2020.

The following table compares Smyrna Landing 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%

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