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Sunday, February 23, 2025

Pike Creek home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Pike Creek rose by $58,250 while total sales decreased by 50%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $382,000 - a 18% increase over the $323,750 median sale price for the same period of the previous year. There were six homes sold in Pike Creek in August 2016.

The median sales tax in Pike Creek for the most recent year with available data, 2015, was $2,850, approximately 0.7% of the median home sale price for August 2017.

The following table compares Pike Creek to other New Castle County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Hockessin29-77.8%$431,250$415,0003.9%
Greenville13-66.7%$399,000$605,000-34%
Canterbury Hills10-$395,000$0-
Summit View21100%$392,500$298,00031.7%
Northcrest10-$385,000$0-
Pike Creek36-50%$382,000$323,75018%
Afton10-$373,000$0-
Pennington10-$370,000$0-
Kings Ridge12-50%$365,000$108,700235.8%
Heatherbrooke110%$360,000$385,000-6.5%
North Star9650%$340,000$415,000-18.1%

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