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Kent County Today

Tuesday, November 5, 2024

What happened to the median home price in South Bowers 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 South Bowers fell by $46,000 while total sales decreased by 50%, according to BlockShopper.com.

From July through December of 2020, there were four homes sold, with a median sale price of $136,000 - a 25.3% decrease over the $182,000 median sale price for the same period of the previous year. There were eight homes sold in South Bowers in the second half of 2019.

The median sales tax in South Bowers for the most recent year with available data, 2015, was $347, approximately 0.3% of the median home sale price for the second half of 2020.

The following table compares South Bowers 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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