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Kent County Today

Wednesday, November 6, 2024

Hickory Ridge home prices rose in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Hickory Ridge rose by $73,900 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2020, there were six homes sold, with a median sale price of $378,900 - a 24.2% increase over the $305,000 median sale price for the same period of the previous year. There were three homes sold in Hickory Ridge in the second half of 2019.

The median sales tax in Hickory Ridge for the most recent year with available data, 2015, was $1,977, approximately 0.5% of the median home sale price for the second half of 2020.

The following table compares Hickory 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)
Pennwood13-66.7%$490,000$251,00095.2%
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%

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