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Kent County Today

Thursday, November 7, 2024

Falling home prices in Star Hill in the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Star Hill fell by $17,750 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

From January through March of 2021, there were five homes sold, with a median sale price of $82,250 - a 17.8% decrease over the $100,000 median sale price for the same period of the previous year. There were five homes sold in Star Hill in the first quarter of 2020, as well.

The median sales tax in Star Hill for the most recent year with available data, 2015, was $695, approximately 0.8% of the median home sale price for the first quarter of 2021.

The following table compares Star Hill to other Kent County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Rodney Village8633.3%$167,500$167,950-0.3%
Moores Lake Development14-75%$161,000$245,000-34.3%
Bay View Heights110%$156,000$195,000-20%
South Bowers31200%$155,000$239,000-35.1%
Lucky Estates220%$142,450$251,250-43.3%
Capitol Park26-66.7%$130,000$116,00012.1%
Woodside110%$115,000$241,000-52.3%
Leipsic440%$93,500$26,250256.2%
Little Creek21100%$82,500$162,000-49.1%
Star Hill550%$82,250$100,000-17.8%
Wind Song Farms12-50%$29,700$373,624.50-92.1%

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