Spruance City home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Spruance City rose by $50,000 while total sales increased by 57.1%, according to BlockShopper.com.

From October through December of 2018, there were 11 homes sold, with a median sale price of $200,000 – a 33.3% increase over the $150,000 median sale price for the same period of the previous year. There were seven homes sold in Spruance City in the fourth quarter of 2017.

The median sales tax in Spruance City for the most recent year with available data, 2015, was $674, approximately 0.3% of the median home sale price for the fourth quarter of 2018.

The following table compares Spruance City to other Kent County cities with similar median sales prices in the fourth quarter of 2018:

City Oct. – Dec. 2018 Home Sales Oct. – Dec. 2017 Home Sales % change (Total Home Sales) Oct. – Dec. 2018 Median Sales Price Oct. – Dec. 2017 Median Sales Price % change (Median Sales Price)
Woods Haven 3 3 0% $219,900 $125,000 75.9%
Hammville 2 0 $219,500 $0
Riverview 11 20 -45% $210,000 $224,500 -6.5%
Clayton 63 58 8.6% $205,000 $234,792.50 -12.7%
Leipsic 2 0 $202,000 $0
Spruance City 11 7 57.1% $200,000 $150,000 33.3%
Camden 13 18 -27.8% $200,000 $202,857 -1.4%
Wynn Wood 1 3 -66.7% $199,900 $200,000 -0.1%
Cedarbrook Acres 6 5 20% $190,325 $209,900 -9.3%
Felton 61 45 35.6% $184,900 $193,000 -4.2%
Carlisle Village 7 5 40% $184,000 $175,000 5.1%


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