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Kent County Today

Wednesday, November 6, 2024

Home prices increased in Bethel during the second half of 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in the second half of 2020 in Bethel rose by $37,950 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2020, there were four homes sold, with a median sale price of $262,450 - a 16.9% increase over the $224,500 median sale price for the same period of the previous year. There were two homes sold in Bethel in the second half of 2019.

The median sales tax in Bethel for the most recent year with available data, 2015, was $853, approximately 0.3% of the median home sale price for the second half of 2020.

The following table compares Bethel 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)
Highland Acres3136-13.9%$275,000$226,00021.7%
John Char Estates31200%$275,000$240,00014.6%
Felton14512218.9%$270,892$225,00020.4%
Hidden Acres42100%$265,000$251,4505.4%
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%

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