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Kent County Today

Tuesday, November 5, 2024

Median home prices in Hickory Ridge fell to $273,500 in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Hickory Ridge fell by $81,450 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2021, there were four homes sold, with a median sale price of $273,500 - a 22.9% decrease over the $354,950 median sale price for the same period of the previous year. There were two homes sold in Hickory Ridge in the first half of 2020.

The median sales tax in Hickory Ridge for the most recent year with available data, 2015, was $1,977, approximately 0.7% of the median home sale price for the first half of 2021.

The following table compares Hickory 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)
Bush Manor23-33.3%$282,500$155,00082.3%
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%

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