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Wednesday, October 16, 2024

Wyoming home prices fall 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 Wyoming fell by $11,000 while total sales increased by 9.1%, according to BlockShopper.com.

From April through June of 2019, there were 12 homes sold, with a median sale price of $174,000 - a 5.9% decrease over the $185,000 median sale price for the same period of the previous year. There were 11 homes sold in Wyoming in the second quarter of 2018.

The median sales tax in Wyoming for the most recent year with available data, 2015, was $512, approximately 0.3% of the median home sale price for the second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Viola52150%$179,000$194,950-8.2%
Milford312334.8%$178,500$122,00046.3%
Brookdale Heights24-50%$177,500$224,000-20.8%
Cheswold3250%$175,500$173,074.501.4%
Cedarbrook Acres35-40%$175,000$170,0002.9%
Wyoming12119.1%$174,000$185,000-5.9%
Smyrna Landing10-$168,000$0-
Harrington4045-11.1%$162,200$144,00012.6%
Pine Ridge440%$158,450$114,666.5038.2%
Spruance City56-16.7%$146,272$196,500-25.6%
Voshell Cove14-75%$145,284$114,45026.9%

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