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Kent County Today

Thursday, November 7, 2024

The first quarter of 2021: Home prices in Spruance City increased

Realestate4

The median sale price of a home sold in the first quarter of 2021 in Spruance City rose by $32,000 while total sales increased by 133.3%, according to BlockShopper.com.

From January through March of 2021, there were seven homes sold, with a median sale price of $236,000 - a 15.7% increase over the $204,000 median sale price for the same period of the previous year. There were three homes sold in Spruance City in the first quarter of 2020.

The median sales tax in Spruance City for the most recent year with available data, 2015, was $674, approximately 0.3% of the median home sale price for the first quarter of 2021.

The following table compares Spruance City 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)
Misty Pines13-66.7%$260,000$235,00010.6%
Church Creek12-50%$260,000$205,00026.8%
Smyrna927424.3%$250,000$224,75011.2%
Woodside East11110%$250,000$29,000762.1%
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-

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