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Kent County Today

Tuesday, November 5, 2024

Rising home prices in Lakeshore Village in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Lakeshore Village rose by $53,500 while total sales increased by 100%, according to BlockShopper.com.

From April through June of 2021, there were four homes sold, with a median sale price of $311,000 - a 20.8% increase over the $257,500 median sale price for the same period of the previous year. There were two homes sold in Lakeshore Village in the second 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 second quarter of 2021.

The following table compares Lakeshore Village to other Kent County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Brookhaven Estates330%$330,000$250,99531.5%
Highland Acres1521-28.6%$325,000$255,00027.5%
Cedarbrook Acres6520%$316,500$241,00031.3%
Cheswold Farms10-$316,000$0-
John Char Estates220%$311,400$268,50016%
Lakeshore Village42100%$311,000$257,50020.8%
Hudson Trails21100%$307,500$240,00028.1%
Clayton512975.9%$305,000$275,00010.9%
Felton996845.6%$300,000$249,95020%
Cheswold93200%$291,500$205,00042.2%
Bethel52150%$289,990$239,50021.1%

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