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Kent County Today

Thursday, November 7, 2024

Home prices increased in Milford (Kent County) during the first quarter of 2021

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The median sale price of a home sold in the first quarter of 2021 in Milford in Kent County rose by $108,000 while total sales increased by 52.6%, according to BlockShopper.com.

From January through March of 2021, there were 29 homes sold, with a median sale price of $203,000 - a 113.7% increase over the $95,000 median sale price for the same period of the previous year. There were 19 homes sold in Milford in the first quarter of 2020.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the first quarter of 2021.

The following table compares Milford 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)
Kenton21100%$212,450$60,000254.1%
Marydel440%$212,000$100,950110%
Cedarbrook Acres63100%$211,000$225,000-6.2%
Voshell Cove21100%$207,400$177,50016.8%
Frederica1112-8.3%$207,000$59,500247.9%
Milford291952.6%$203,000$95,000113.7%
Pine Ridge31200%$200,000$162,00023.5%
Star Hill Village50-$200,000$0-
Carlisle Village45-20%$190,500$135,50040.6%
Wyoming912-25%$188,000$214,750-12.5%
Harrington423713.5%$186,250$152,37322.2%
* This story only considers sales data for the part of Milford that is in Kent County.

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