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Saturday, April 19, 2025

Ocean View home prices rise in November 2017

Realestate5

The median sale price of a home sold in November 2017 in Ocean View rose by $72,000 while total sales decreased by 25%, according to BlockShopper.com.

In November 2017, there were three homes sold, with a median sale price of $322,000 - a 28.8% increase over the $250,000 median sale price for the same period of the previous year. There were four homes sold in Ocean View in November 2016.

The following table compares Ocean View to other Sussex County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Henlopen Keys24-50%$363,340.50$345,0005.3%
Holly Ridge30-$350,000$0-
Carpenters Corner10-$332,000$0-
Killens Addition21100%$325,000$660,000-50.8%
Greenwood12-50%$325,000$98,950228.4%
Ocean View34-25%$322,000$250,00028.8%
Fairway Villas30-$310,000$0-
Keenwik West110%$295,000$380,000-22.4%
Selbyville110%$290,000$180,00061.1%
Red Mill Farms21100%$283,400$327,000-13.3%
Phil Mar Estates24-50%$276,750$304,950-9.2%

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