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Kent County Today

Wednesday, November 6, 2024

Cheswold home prices fell in the fourth quarter of 2020

Realestate5

The median sale price of a home sold in the fourth quarter of 2020 in Cheswold fell by $42,782 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2020, there were two homes sold, with a median sale price of $179,951 - a 19.2% decrease over the $222,732 median sale price for the same period of the previous year. There were three homes sold in Cheswold in the fourth quarter of 2019.

The median sales tax in Cheswold for the most recent year with available data, 2015, was $9, approximately 0% of the median home sale price for the fourth quarter of 2020.

The following table compares Cheswold 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)
Harrington574623.9%$190,000$158,95019.5%
Brookdale Heights550%$186,000$205,000-9.3%
Milford331973.7%$185,000$199,995-7.5%
Hidden Acres21100%$182,500$257,900-29.2%
Leipsic110%$180,000$99,90080.2%
Cheswold23-33.3%$179,950.50$222,732-19.2%
Little Creek31200%$179,900$75,000139.9%
Kent Acres12119.1%$172,000$170,0001.2%
Star Hill20-$160,200$0-
Bush Manor12-50%$160,000$199,500-19.8%
South Bowers35-40%$157,000$248,000-36.7%

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