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Kent County Today

Wednesday, November 6, 2024

Pricing for the median home in Smyrna Landing decreased during the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Smyrna Landing fell by $40,500 while total sales increased by 25%, according to BlockShopper.com.

From July through December of 2020, there were five homes sold, with a median sale price of $115,000 - a 26% decrease over the $155,500 median sale price for the same period of the previous year. There were four homes sold in Smyrna Landing in the second half of 2019.

The median sales tax in Smyrna Landing for the most recent year with available data, 2015, was $619, approximately 0.5% of the median home sale price for the second half of 2020.

The following table compares Smyrna Landing to other Kent County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Star Hill3250%$164,900$223,206-26.1%
Woodside East251656.3%$152,500$145,9004.5%
Rodney Village1017-41.2%$151,000$144,0004.9%
Houston1117-35.3%$145,000$83,00074.7%
Woodland Beach20-$140,750$0-
South Bowers48-50%$136,000$182,000-25.3%
Smyrna Landing5425%$115,000$155,500-26%
Bowers4333.3%$103,500$345,000-70%
Bay View Heights220%$95,450$169,500-43.7%
Star Hill Village14-75%$27,500$127,581.50-78.4%
Capitol Park990%$20,000$89,000-77.5%

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