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Kent County Today

Tuesday, November 5, 2024

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

Re 1

The median sale price of a home sold in the first half of 2021 in Wynn Wood rose by $41,250 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through June of 2021, there were three homes sold, with a median sale price of $265,000 - a 18.4% increase over the $223,750 median sale price for the same period of the previous year. There were three homes sold in Wynn Wood in the first half of 2020, as well.

The median sales tax in Wynn Wood for the most recent year with available data, 2015, was $1,103, approximately 0.4% of the median home sale price for the first half of 2021.

The following table compares Wynn Wood 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)
Highland Acres2634-23.5%$275,000$254,5008.1%
Hartly372737%$275,000$199,40037.9%
Hickory Ridge42100%$273,500$354,950-22.9%
Village at Chestnut Ridge824-66.7%$272,500$333,450-18.3%
Camden41402.5%$270,000$179,54050.4%
Wynn Wood330%$265,000$223,75018.4%
Kent Acres161233.3%$265,000$240,00010.4%
Felton Heights770%$261,500$224,00016.7%
Hidden Acres31200%$259,900$180,00044.4%
Woodfield34-25%$259,900$257,5000.9%
Chimney Hill8560%$257,500$235,0009.6%

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