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Wednesday, November 6, 2024

The second half of 2020: Marydel experienced a 25% increase in median home prices

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The median sale price of a home sold in the second half of 2020 in Marydel rose by $45,000 while total sales decreased by 30%, according to BlockShopper.com.

From July through December of 2020, there were seven homes sold, with a median sale price of $225,000 - a 25% increase over the $180,000 median sale price for the same period of the previous year. There were 10 homes sold in Marydel in the second half of 2019.

The median sales tax in Marydel for the most recent year with available data, 2015, was $642, approximately 0.3% of the median home sale price for the second half of 2020.

The following table compares Marydel 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)
Woodfield84100%$240,000$238,5000.6%
Carlisle Village47-42.9%$239,000$169,90040.7%
Chimney Hill8633.3%$237,500$227,4504.4%
Brookhaven Estates5425%$235,000$219,2007.2%
Hudson Trails7616.7%$230,000$189,45021.4%
Marydel710-30%$225,000$180,00025%
Wyoming352825%$219,750$174,00026.3%
Spruance City181520%$217,450$185,00017.5%
Moores Lake Development7475%$215,000$310,000-30.6%
Cheswold67-14.3%$212,500$135,00057.4%
Viola176183.3%$210,000$227,500-7.7%

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