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Kent County Today

Wednesday, November 6, 2024

Rising home prices in Chimney Hill in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Chimney Hill rose by $10,050 while total sales increased by 33.3%, according to BlockShopper.com.

From July through December of 2020, there were eight homes sold, with a median sale price of $237,500 - a 4.4% increase over the $227,450 median sale price for the same period of the previous year. There were six homes sold in Chimney Hill in the second half of 2019.

The median sales tax in Chimney Hill for the most recent year with available data, 2015, was $1,162, approximately 0.5% of the median home sale price for the second half of 2020.

The following table compares Chimney Hill 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)
Frederica2841-31.7%$244,900$179,90036.1%
Smyrna228246-7.3%$242,625$224,9007.9%
Camden563655.6%$240,500$208,95015.1%
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%

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