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Kent County Today

Tuesday, November 5, 2024

What happened to the median home price in Frederica during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Frederica fell by $30,000 while total sales remained unchanged with 31 homes sold, according to BlockShopper.com.

From January through June of 2021, there were 31 homes sold, with a median sale price of $195,000 - a 13.3% decrease over the $225,000 median sale price for the same period of the previous year. There were 31 homes sold in Frederica in the first half of 2020, as well.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for the first half of 2021.

The following table compares Frederica to other Kent County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Pine Ridge62200%$209,982$206,7501.6%
Wind Song Farms23-33.3%$209,850$477,249-56%
Milford634057.5%$203,100$122,25066.1%
Smyrna Landing34-25%$200,000$125,40059.5%
Star Hill Village51400%$200,000$52,533280.7%
Frederica31310%$195,000$225,000-13.3%
Wyoming1833-45.5%$193,000$199,900-3.5%
Harrington927522.7%$189,175$175,0008.1%
Brookdale Heights45-20%$185,750$173,5007.1%
Marydel10742.9%$177,000$32,000453.1%
South Bowers62200%$167,000$130,07528.4%

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