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Kent County Today

Wednesday, November 6, 2024

Rising home prices in Cedarbrook Acres in 2020

Realestate1

The median sale price of a home sold in 2020 in Cedarbrook Acres rose by $42,500 while total sales increased by 35.3%, according to BlockShopper.com.

From January through December of 2020, there were 23 homes sold, with a median sale price of $267,500 - a 18.9% increase over the $225,000 median sale price for the previous year. There were 17 homes sold in Cedarbrook Acres in 2019.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.3% of the median home sale price for 2020.

The following table compares Cedarbrook Acres to other Kent County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Ryans Run141216.7%$278,750$221,37525.9%
Lakeshore Village10100%$278,000$252,00010.3%
Planters Woods11922.2%$275,000$244,90012.3%
John Char Estates6520%$272,500$235,00016%
Riverview3744-15.9%$270,000$205,00031.7%
Cedarbrook Acres231735.3%$267,500$225,00018.9%
Highland Acres65608.3%$264,000$228,00015.8%
Hunters Ridge83166.7%$261,750$247,0006%
Church Creek911-18.2%$256,000$234,5009.2%
Felton26021222.6%$255,000$227,007.5012.3%
Hidden Acres550%$255,000$245,0004.1%

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