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Kent County Today

Tuesday, November 5, 2024

How did home prices perform in Highland Acres during the second half of 2020?

Realestate1

The median sale price of a home sold in the second half of 2020 in Highland Acres rose by $49,000 while total sales decreased by 13.9%, according to BlockShopper.com.

From July through December of 2020, there were 31 homes sold, with a median sale price of $275,000 - a 21.7% increase over the $226,000 median sale price for the same period of the previous year. There were 36 homes sold in Highland Acres in the second half of 2019.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.4% of the median home sale price for the second half of 2020.

The following table compares Highland Acres 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)
Lucky Estates72250%$285,000$75,950275.2%
Summerfield Village12-50%$280,000$152,00084.2%
Planters Woods8560%$277,500$247,50012.1%
Church Creek63100%$277,450$275,0000.9%
Cedarbrook Acres151136.4%$275,900$232,00018.9%
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%

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