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Kent County Today

Wednesday, November 6, 2024

What happened to the median home price in Big Oak Corners during 2020?

Realestate4

The median sale price of a home sold in 2020 in Big Oak Corners rose by $45,550 while total sales decreased by 50%, according to BlockShopper.com.

From January through December of 2020, there were two homes sold, with a median sale price of $280,500 - a 19.4% increase over the $234,950 median sale price for the previous year. There were four homes sold in Big Oak Corners in 2019.

The median sales tax in Big Oak Corners for the most recent year with available data, 2015, was $950, approximately 0.3% of the median home sale price for 2020.

The following table compares Big Oak Corners 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)
Hall Estates113266.7%$295,000$138,000113.8%
Garrison Lake Green1622-27.3%$292,500$292,2500.1%
Hammville24-50%$289,950$256,50013%
Dogwood Meadows11922.2%$289,900$323,653-10.4%
Lucky Estates123300%$285,000$102,000179.4%
Big Oak Corners24-50%$280,500$234,95019.4%
Summerfield Village13-66.7%$280,000$135,000107.4%
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%

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