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Kent County Today

Thursday, November 7, 2024

The first quarter of 2021: Home prices in Lakeshore Village increased

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The median sale price of a home sold in the first quarter of 2021 in Lakeshore Village rose by $9,500 while total sales decreased by 25%, according to BlockShopper.com.

From January through March of 2021, there were three homes sold, with a median sale price of $285,000 - a 3.4% increase over the $275,500 median sale price for the same period of the previous year. There were four homes sold in Lakeshore Village in the first quarter of 2020.

The median sales tax in Lakeshore Village for the most recent year with available data, 2015, was $1,457, approximately 0.5% of the median home sale price for the first quarter of 2021.

The following table compares Lakeshore Village 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)
Brenford110%$316,500$289,9009.2%
Cheswold41300%$314,250$274,90014.3%
Foxhall Courtside125140%$312,490$359,255-13%
Clayton523262.5%$304,950$307,940-1%
Felton624731.9%$295,430$232,90326.8%
Lakeshore Village34-25%$285,000$275,5003.4%
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%

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