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Kent County Today

Thursday, November 7, 2024

Viola median home prices rose by 366.5% 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 Viola rose by $216,050 while total sales increased by 33.3%, according to BlockShopper.com.

From January through March of 2021, there were four homes sold, with a median sale price of $275,000 - a 366.5% increase over the $58,950 median sale price for the same period of the previous year. There were three homes sold in Viola in the first quarter of 2020.

The median sales tax in Viola for the most recent year with available data, 2015, was $670, approximately 0.2% of the median home sale price for the first quarter of 2021.

The following table compares Viola 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)
Felton Heights220%$283,500$231,50022.5%
Voshell Mill20-$283,487.50$0-
Houston17-85.7%$279,000$155,00080%
Ryans Run45-20%$277,450$272,5001.8%
Planters Woods110%$275,000$245,00012.2%
Viola4333.3%$275,000$58,950366.5%
Camden18180%$265,994.50$178,99548.6%
Kent Acres93200%$265,000$160,00065.6%
Hartly12120%$264,000$220,00020%
Highland Acres1113-15.4%$262,300$254,0003.3%
Misty Pines13-66.7%$260,000$235,00010.6%

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