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Kent County Today

Tuesday, November 5, 2024

The first half of 2021: Smyrna Landing experienced a 59.5% increase in median home prices

Realestate5

The median sale price of a home sold in the first half of 2021 in Smyrna Landing rose by $74,600 while total sales decreased by 25%, according to BlockShopper.com.

From January through June of 2021, there were three homes sold, with a median sale price of $200,000 - a 59.5% increase over the $125,400 median sale price for the same period of the previous year. There were four homes sold in Smyrna Landing in the first half of 2020.

The median sales tax in Smyrna Landing for the most recent year with available data, 2015, was $619, approximately 0.3% of the median home sale price for the first half of 2021.

The following table compares Smyrna Landing 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)
Spruance City181080%$232,500$207,50012%
Dover50132454.6%$224,900$189,90018.4%
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%

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