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Kent County Today

Wednesday, November 6, 2024

The fourth quarter of 2020: Home prices in Milford (Kent County) fell

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The median sale price of a home sold in the fourth quarter of 2020 in Milford in Kent County fell by $14,995 while total sales increased by 73.7%, according to BlockShopper.com.

From October through December of 2020, there were 33 homes sold, with a median sale price of $185,000 - a 7.5% decrease over the $199,995 median sale price for the same period of the previous year. There were 19 homes sold in Milford in the fourth quarter of 2019.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the fourth quarter of 2020.

The following table compares Milford 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)
Woodside East12850%$198,500$135,02547%
Voshell Cove220%$195,305.50$134,37545.3%
Misty Pines41300%$193,500$235,000-17.7%
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%
* This story only considers sales data for the part of Milford that is in Kent County.

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