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Kent County Today

Tuesday, November 5, 2024

Pricing for the median home in Frederica increased during the second half of 2020

Realestate5

The median sale price of a home sold in the second half of 2020 in Frederica rose by $65,000 while total sales decreased by 31.7%, according to BlockShopper.com.

From July through December of 2020, there were 28 homes sold, with a median sale price of $244,900 - a 36.1% increase over the $179,900 median sale price for the same period of the previous year. There were 41 homes sold in Frederica in the second half of 2019.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for the second half of 2020.

The following table compares Frederica 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)
Felton Heights8560%$264,500$164,90060.4%
Bethel42100%$262,450$224,50016.9%
Wynn Wood12-50%$250,000$217,50014.9%
Misty Pines6450%$248,000$235,0005.5%
Woods Haven24-50%$247,500$262,500-5.7%
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%

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