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Kent County Today

Wednesday, November 6, 2024

The second half of 2020: Houston experienced a 74.7% increase in median home prices

Realestate077

The median sale price of a home sold in the second half of 2020 in Houston rose by $62,000 while total sales decreased by 35.3%, according to BlockShopper.com.

From July through December of 2020, there were 11 homes sold, with a median sale price of $145,000 - a 74.7% increase over the $83,000 median sale price for the same period of the previous year. There were 17 homes sold in Houston in the second half of 2019.

The median sales tax in Houston for the most recent year with available data, 2015, was $453, approximately 0.3% of the median home sale price for the second half of 2020.

The following table compares Houston 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)
Voshell Cove330%$177,000$91,75092.9%
Pine Ridge34-25%$172,000$152,45012.8%
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%

ORGANIZATIONS IN THIS STORY

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