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Kent County Today

Tuesday, November 5, 2024

Home prices increased in Bethel 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 Bethel rose by $10,995 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2021, there were six homes sold, with a median sale price of $254,995 - a 4.5% increase over the $244,000 median sale price for the same period of the previous year. There were three homes sold in Bethel in the first half of 2020.

The median sales tax in Bethel for the most recent year with available data, 2015, was $853, approximately 0.3% of the median home sale price for the first half of 2021.

The following table compares Bethel 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)
Woodfield34-25%$259,900$257,5000.9%
Chimney Hill8560%$257,500$235,0009.6%
Smyrna19115523.2%$255,150$230,00010.9%
Moores Lake Development45-20%$255,000$250,0002%
Misty Pines23-33.3%$255,000$235,0008.5%
Bethel63100%$254,995$244,0004.5%
Brookhaven Estates440%$253,750$262,997.50-3.5%
Woodside East231827.8%$252,000$112,953.50123.1%
Cedarbrook Acres12850%$248,000$233,0006.4%
Woods Haven21100%$244,950$105,000133.3%
Carlisle Village69-33.3%$240,500$149,90060.4%

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