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Kent County Today

Wednesday, November 6, 2024

What happened to the median home price in Highland Acres during the fourth quarter of 2020?

Re 6

The median sale price of a home sold in the fourth quarter of 2020 in Highland Acres rose by $86,000 while total sales increased by 15.4%, according to BlockShopper.com.

From October through December of 2020, there were 15 homes sold, with a median sale price of $285,000 - a 43.2% increase over the $199,000 median sale price for the same period of the previous year. There were 13 homes sold in Highland Acres in the fourth quarter of 2019.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.4% of the median home sale price for the fourth quarter of 2020.

The following table compares Highland Acres 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)
Eagles Nest440%$307,000$236,50029.8%
Riverview1220-40%$296,950$205,00044.9%
Ryans Run71600%$296,000$222,75032.9%
Hunters Ridge31200%$288,500$210,00037.4%
Lakeshore Village41300%$288,000$264,9008.7%
Highland Acres151315.4%$285,000$199,00043.2%
Church Creek220%$284,000$301,500-5.8%
Dogwood Meadows30-$282,459$0-
Brookfield21100%$280,500$315,000-11%
Summerfield Village110%$280,000$32,000775%
Felton775832.8%$279,000$230,00021.3%

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