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Kent County Today

Wednesday, November 6, 2024

Rising home prices in Smyrna (Kent County) in the fourth quarter of 2020

Realestate5

The median sale price of a home sold in the fourth quarter of 2020 in Smyrna in Kent County rose by $42,987 while total sales decreased by 14.9%, according to BlockShopper.com.

From October through December of 2020, there were 114 homes sold, with a median sale price of $255,650 - a 20.2% increase over the $212,664 median sale price for the same period of the previous year. There were 134 homes sold in Smyrna in the fourth quarter of 2019.

The median sales tax in Smyrna for the most recent year with available data, 2015, was $594, approximately 0.2% of the median home sale price for the fourth quarter of 2020.

The following table compares Smyrna 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)
Felton775832.8%$279,000$230,00021.3%
Cedarbrook Acres94125%$275,900$175,32757.4%
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%
* This story only considers sales data for the part of Smyrna that is in Kent County.

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