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Kent County Today

Tuesday, November 5, 2024

Home prices increased in Milford (Kent County) 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 Milford in Kent County rose by $80,850 while total sales increased by 57.5%, according to BlockShopper.com.

From January through June of 2021, there were 63 homes sold, with a median sale price of $203,100 - a 66.1% increase over the $122,250 median sale price for the same period of the previous year. There were 40 homes sold in Milford in the first half of 2020.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the first half of 2021.

The following table compares Milford 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)
Houston717-58.8%$235,904$168,00040.4%
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%
* This story only considers sales data for the part of Milford that is in Kent County.

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