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Kent County Today

Tuesday, November 5, 2024

The first half of 2021: Home prices in Lakeshore Village increased

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The median sale price of a home sold in the first half of 2021 in Lakeshore Village rose by $9,500 while total sales increased by 16.7%, according to BlockShopper.com.

From January through June of 2021, there were seven homes sold, with a median sale price of $285,000 - a 3.4% increase over the $275,500 median sale price for the same period of the previous year. There were six homes sold in Lakeshore Village in the first half of 2020.

The median sales tax in Lakeshore Village for the most recent year with available data, 2015, was $1,457, approximately 0.5% of the median home sale price for the first half of 2021.

The following table compares Lakeshore Village 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)
Hudson Trails21100%$307,500$240,00028.1%
Clayton1036168.9%$305,000$295,0003.4%
Felton16611544.3%$300,000$240,00025%
Summerfield Village20-$285,000$0-
Planters Woods330%$285,000$245,00016.3%
Lakeshore Village7616.7%$285,000$275,5003.4%
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%

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