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Kent County Today

Wednesday, November 6, 2024

Rising home prices in Village at Chestnut Ridge in the second half of 2020

Realestate4

The median sale price of a home sold in the second half of 2020 in Village at Chestnut Ridge rose by $11,861 while total sales decreased by 69.2%, according to BlockShopper.com.

From July through December of 2020, there were eight homes sold, with a median sale price of $329,495 - a 3.7% increase over the $317,634 median sale price for the same period of the previous year. There were 26 homes sold in Village at Chestnut Ridge in the second half of 2019.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for the second half of 2020.

The following table compares Village at Chestnut Ridge 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)
Wind Song Farms17-85.7%$431,500$297,64945%
Quails Nest83166.7%$412,500$290,00042.2%
Hickory Ridge63100%$378,900$305,00024.2%
Voshell Mill6450%$363,264.50$226,73860.2%
Magnolia1289830.6%$331,000$301,02810%
Village at Chestnut Ridge826-69.2%$329,495$317,6343.7%
Foxhall Courtside249166.7%$319,555$226,00041.4%
Woodside31200%$313,500$165,00090%
Rising Sun-Lebanon474017.5%$311,620$309,6500.6%
Big Oak Corners12-50%$311,000$248,00025.4%
Brenford7616.7%$310,000$305,0001.6%

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