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Kent County Today

Wednesday, November 6, 2024

The fourth quarter of 2020: Home prices in Quails Nest increased

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The median sale price of a home sold in the fourth quarter of 2020 in Quails Nest rose by $70,000 while total sales increased by 100%, according to BlockShopper.com.

From October through December of 2020, there were four homes sold, with a median sale price of $412,500 - a 20.4% increase over the $342,500 median sale price for the same period of the previous year. There were two homes sold in Quails Nest in the fourth quarter of 2019.

The median sales tax in Quails Nest for the most recent year with available data, 2015, was $1,455, approximately 0.4% of the median home sale price for the fourth quarter of 2020.

The following table compares Quails Nest 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)
Pennwood12-50%$490,000$300,50063.1%
Quails Nest42100%$412,500$342,50020.4%
Hickory Ridge40-$378,900$0-
Magnolia554814.6%$347,000$300,76415.4%
Brenford220%$336,562.50$305,00010.3%
Foxhall Courtside114175%$319,990$320,765-0.2%
Hall Estates21100%$317,450$225,00041.1%
Garrison Lake Green15-80%$315,000$269,00017.1%
Woodside31200%$313,500$165,00090%
Bishops Corner31200%$309,000$175,00076.6%
Rising Sun-Lebanon232015%$308,910$301,7002.4%

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