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Thursday, October 17, 2024

Milford (Kent County) home prices rise 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 Milford in Kent County rose by $56,500 while total sales increased by 34.8%, according to BlockShopper.com.

From April through June of 2019, there were 31 homes sold, with a median sale price of $178,500 - a 46.3% increase over the $122,000 median sale price for the same period of the previous year. There were 23 homes sold in Milford in the second quarter of 2018.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the second quarter of 2019.

The following table compares Milford 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)
Felton Heights41300%$191,000$103,00085.4%
Riverview13130%$191,000$230,000-17%
Dover202249-18.9%$191,000$160,57019%
Marydel45-20%$182,450$115,20058.4%
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-
* This story only considers sales data for the part of Milford that is in Kent County.

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