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Kent County Today

Tuesday, November 5, 2024

Home prices decreased in Village at Chestnut Ridge 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 Village at Chestnut Ridge fell by $60,950 while total sales decreased by 66.7%, according to BlockShopper.com.

From January through June of 2021, there were eight homes sold, with a median sale price of $272,500 - a 18.3% decrease over the $333,450 median sale price for the same period of the previous year. There were 24 homes sold in Village at Chestnut Ridge in the first half of 2020.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for the first half of 2021.

The following table compares Village at Chestnut 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)
Big Oak Corners31200%$278,000$250,00011.2%
Viola440%$275,000$103,757165%
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%

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