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Kent County Today

Thursday, November 7, 2024

How did home prices perform in Dover 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 Dover rose by $53,457 while total sales increased by 65.1%, according to BlockShopper.com.

From January through March of 2021, there were 246 homes sold, with a median sale price of $219,999 - a 32.1% increase over the $166,542 median sale price for the same period of the previous year. There were 149 homes sold in Dover in the first quarter of 2020.

The median sales tax in Dover for the most recent year with available data, 2015, was $728, approximately 0.3% of the median home sale price for the first quarter of 2021.

The following table compares Dover 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)
Chimney Hill12-50%$236,000$155,50051.8%
Spruance City73133.3%$236,000$204,00015.7%
Village at Chestnut Ridge319-84.2%$235,100$327,000-28.1%
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%

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