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Wednesday, October 16, 2024

Cheswold Farms 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 Cheswold Farms rose by $65,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $315,000 - a 26% increase over the $250,000 median sale price for the same period of the previous year. There were three homes sold in Cheswold Farms in the second quarter of 2018, as well.

The median sales tax in Cheswold Farms for the most recent year with available data, 2015, was $23, approximately 0% of the median home sale price for the second quarter of 2019.

The following table compares Cheswold Farms 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)
Bowers330%$425,000$73,000482.2%
Hunters Ridge10-$360,000$0-
Dogwood Meadows550%$347,500$280,80023.8%
Cheswold Farms330%$315,000$250,00026%
Voshell Mill21100%$312,450$166,00088.2%
Magnolia4252-19.2%$305,100$255,65419.3%
Garrison Lake Green24-50%$299,950$263,75013.7%
Rising Sun-Lebanon211723.5%$298,000$264,92012.5%
Village at Chestnut Ridge729-75.9%$295,000$299,000-1.3%
Brenford15-80%$293,000$234,90024.7%
Hammville110%$287,000$79,800259.6%

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