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Kent County Today

Wednesday, November 6, 2024

How did home prices perform in Spruance City during the fourth quarter of 2020?

Realestate4

The median sale price of a home sold in the fourth quarter of 2020 in Spruance City rose by $37,000 while total sales increased by 120%, according to BlockShopper.com.

From October through December of 2020, there were 11 homes sold, with a median sale price of $222,000 - a 20% increase over the $185,000 median sale price for the same period of the previous year. There were five homes sold in Spruance City in the fourth quarter of 2019.

The median sales tax in Spruance City for the most recent year with available data, 2015, was $674, approximately 0.3% of the median home sale price for the fourth quarter of 2020.

The following table compares Spruance City 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)
Camden3015100%$241,995$230,0005.2%
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%

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