In August 2017, there were nine homes sold, with a median sale price of $94,000 - a 6% decrease over the $100,000 median sale price for the same period of the previous year. There were 11 homes sold in Elsmere in August 2016.
The median sales tax in Elsmere for the most recent year with available data, 2015, was $918, approximately 1% of the median home sale price for August 2017.
The following table compares Elsmere to other New Castle County cities with similar median sales prices in August 2017:
| City | Aug. 2017 Home Sales | Aug. 2016 Home Sales | % change (Total Home Sales) | Aug. 2017 Median Sales Price | Aug. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Four Seasons Park | 1 | 1 | 0% | $100,000 | $198,000 | -49.5% |
| Fredericks Addition | 2 | 2 | 0% | $99,200 | $226,200 | -56.1% |
| Wood Wards Addition | 1 | 1 | 0% | $97,000 | $88,001 | 10.2% |
| Forest Park | 2 | 1 | 100% | $97,000 | $100,000 | -3% |
| Manor Park | 1 | 1 | 0% | $95,000 | $175,000 | -45.7% |
| Elsmere | 9 | 11 | -18.2% | $94,000 | $100,000 | -6% |
| Brookland Terrace | 1 | 1 | 0% | $92,500 | $75,000 | 23.3% |
| Dunlinden Acres | 1 | 0 | - | $92,000 | $0 | - |
| Riveredge Park | 1 | 0 | - | $76,000 | $0 | - |
| Edgemoor | 3 | 8 | -62.5% | $75,000 | $149,250 | -49.7% |
| Newport | 1 | 1 | 0% | $72,000 | $180,000 | -60% |
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