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Kent County Today

Wednesday, November 6, 2024

Dover median home prices rose by 13.2% in the fourth quarter of 2020

Realestate1

The median sale price of a home sold in the fourth quarter of 2020 in Dover rose by $25,100 while total sales increased by 21.2%, according to BlockShopper.com.

From October through December of 2020, there were 223 homes sold, with a median sale price of $215,000 - a 13.2% increase over the $189,900 median sale price for the same period of the previous year. There were 184 homes sold in Dover in the fourth quarter of 2019.

The median sales tax in Dover for the most recent year with available data, 2015, was $728, approximately 0.3% of the median home sale price for the fourth quarter of 2020.

The following table compares Dover 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)
Hudson Trails10-$232,000$0-
Houston45-20%$227,000$130,00074.6%
Marydel56-16.7%$225,000$142,50057.9%
Wyoming211450%$223,650$180,50023.9%
Spruance City115120%$222,000$185,00020%
Dover22318421.2%$215,000$189,90013.2%
Moores Lake Development40-$211,250$0-
Frederica1321-38.1%$210,000$211,000-0.5%
Viola73133.3%$210,000$205,9222%
Woodside East12850%$198,500$135,02547%
Voshell Cove220%$195,305.50$134,37545.3%

ORGANIZATIONS IN THIS STORY

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