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Kent County Today

Thursday, November 7, 2024

Marydel median home prices rose by 110% in the first quarter of 2021

Realestate1

The median sale price of a home sold in the first quarter of 2021 in Marydel rose by $111,050 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

From January through March of 2021, there were four homes sold, with a median sale price of $212,000 - a 110% increase over the $100,950 median sale price for the same period of the previous year. There were four homes sold in Marydel in the first quarter of 2020, as well.

The median sales tax in Marydel for the most recent year with available data, 2015, was $642, approximately 0.3% of the median home sale price for the first quarter of 2021.

The following table compares Marydel 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)
Hickory Ridge30-$230,000$0-
Bethel110%$220,000$244,000-9.8%
Dover24614965.1%$219,999$166,54232.1%
Hidden Acres20-$214,325$0-
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%

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