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Kent County Today

Wednesday, November 6, 2024

Home prices increased in Chimney Hill 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 Chimney Hill rose by $11,500 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 $252,500 - a 4.8% increase over the $241,000 median sale price for the same period of the previous year. There were three homes sold in Chimney Hill in the fourth quarter of 2019.

The median sales tax in Chimney Hill for the most recent year with available data, 2015, was $1,162, approximately 0.5% of the median home sale price for the fourth quarter of 2020.

The following table compares Chimney Hill 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)
John Char Estates30-$275,000$0-
Village at Chestnut Ridge312-75%$265,000$165,98159.7%
Planters Woods330%$260,000$244,9006.2%
Smyrna114134-14.9%$255,650$212,663.5020.2%
Brookhaven Estates23-33.3%$254,000$183,50038.4%
Chimney Hill23-33.3%$252,500$241,0004.8%
Wynn Wood110%$250,000$225,00011.1%
Bethel20-$249,000$0-
Carlisle Village36-50%$248,000$179,95037.8%
Felton Heights15-80%$245,000$164,90048.6%
Camden3015100%$241,995$230,0005.2%

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