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Kent County Today

Tuesday, November 5, 2024

What happened to the median home price in Lucky Estates during the second half of 2020?

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The median sale price of a home sold in the second half of 2020 in Lucky Estates rose by $209,050 while total sales increased by 250%, according to BlockShopper.com.

From July through December of 2020, there were seven homes sold, with a median sale price of $285,000 - a 275.2% increase over the $75,950 median sale price for the same period of the previous year. There were two homes sold in Lucky Estates in the second half of 2019.

The median sales tax in Lucky Estates for the most recent year with available data, 2015, was $793, approximately 0.3% of the median home sale price for the second half of 2020.

The following table compares Lucky Estates 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)
Bishops Corner42100%$289,450$202,50042.9%
Riverview1927-29.6%$289,000$210,00037.6%
Hunters Ridge51400%$288,500$210,00037.4%
Lakeshore Village42100%$288,000$229,527.5025.5%
Hall Estates62200%$285,450$153,75085.7%
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%

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