The median sale price of a home sold in the first half of 2019 in Cheswold Farms rose by $65,000 while total sales increased by 66.7%, according to BlockShopper.com.
From January through June of 2019, there were five homes sold, with a median sale price of $315,000 – a 26% increase over the $250,000 median sale price for the same period of the previous year. There were three homes sold in Cheswold Farms in the first half of 2018.
The median sales tax in Cheswold Farms for the most recent year with available data, 2015, was $23, approximately 0% of the median home sale price for the first half of 2019.
The following table compares Cheswold Farms to other Kent County cities with similar median sales prices in the first half of 2019:
| City | Jan. – June 2019 Home Sales | Jan. – June 2018 Home Sales | % change (Total Home Sales) | Jan. – June 2019 Median Sales Price | Jan. – June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bowers | 3 | 4 | -25% | $425,000 | $66,500 | 539.1% |
| Voshell Mill | 4 | 3 | 33.3% | $339,000 | $175,000 | 93.7% |
| Quails Nest | 1 | 5 | -80% | $335,000 | $309,000 | 8.4% |
| Dogwood Meadows | 6 | 7 | -14.3% | $330,448.50 | $275,221 | 20.1% |
| Cheswold Farms | 5 | 3 | 66.7% | $315,000 | $250,000 | 26% |
| Wind Song Farms | 4 | 4 | 0% | $310,853.50 | $299,660 | 3.7% |
| Village at Chestnut Ridge | 17 | 45 | -62.2% | $309,900 | $288,545 | 7.4% |
| Hunters Ridge | 2 | 1 | 100% | $303,500 | $305,000 | -0.5% |
| Magnolia | 80 | 86 | -7% | $299,450 | $260,654 | 14.9% |
| Brenford | 1 | 7 | -85.7% | $293,000 | $235,000 | 24.7% |
| Hammville | 1 | 4 | -75% | $287,000 | $246,549 | 16.4% |
