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Kent County Today

Tuesday, November 5, 2024

Rising home prices in Pine Ridge in the first half of 2021

Realestate1

The median sale price of a home sold in the first half of 2021 in Pine Ridge rose by $3,232 while total sales increased by 200%, according to BlockShopper.com.

From January through June of 2021, there were six homes sold, with a median sale price of $209,982 - a 1.6% increase over the $206,750 median sale price for the same period of the previous year. There were two homes sold in Pine Ridge in the first half of 2020.

The median sales tax in Pine Ridge for the most recent year with available data, 2015, was $622, approximately 0.3% of the median home sale price for the first half of 2021.

The following table compares Pine Ridge 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)
Woods Haven21100%$244,950$105,000133.3%
Carlisle Village69-33.3%$240,500$149,90060.4%
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%

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