Cheswold Farms home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Cheswold Farms rose by $65,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From April through June of 2019, there were three 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 second quarter of 2018, as well.

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 second quarter of 2019.

The following table compares Cheswold Farms to other Kent County cities with similar median sales prices in the second quarter of 2019:

City Apr. – June 2019 Home Sales Apr. – June 2018 Home Sales % change (Total Home Sales) Apr. – June 2019 Median Sales Price Apr. – June 2018 Median Sales Price % change (Median Sales Price)
Bowers 3 3 0% $425,000 $73,000 482.2%
Hunters Ridge 1 0 $360,000 $0
Dogwood Meadows 5 5 0% $347,500 $280,800 23.8%
Cheswold Farms 3 3 0% $315,000 $250,000 26%
Voshell Mill 2 1 100% $312,450 $166,000 88.2%
Magnolia 42 52 -19.2% $305,100 $255,654 19.3%
Garrison Lake Green 2 4 -50% $299,950 $263,750 13.7%
Rising Sun-Lebanon 21 17 23.5% $298,000 $264,920 12.5%
Village at Chestnut Ridge 7 29 -75.9% $295,000 $299,000 -1.3%
Brenford 1 5 -80% $293,000 $234,900 24.7%
Hammville 1 1 0% $287,000 $79,800 259.6%


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