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Thursday, October 17, 2024

Capitol Park home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Capitol Park fell by $30,875 while total sales decreased by 14.3%, according to BlockShopper.com.

From January through June of 2019, there were six homes sold, with a median sale price of $34,125 - a 47.5% decrease over the $65,000 median sale price for the same period of the previous year. There were seven homes sold in Capitol Park in the first half of 2018.

The median sales tax in Capitol Park for the most recent year with available data, 2015, was $803, approximately 2.4% of the median home sale price for the first half of 2019.

The following table compares Capitol Park to other Kent County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Bishops Corner12-50%$110,000$286,495-61.6%
Voshell Cove440%$97,276$114,450-15%
Star Hill4333.3%$92,000$159,900-42.5%
Kenton73133.3%$86,000$70,00022.9%
South Bowers27-71.4%$81,000$132,000-38.6%
Brookhaven Estates12-50%$75,000$127,500-41.2%
Little Creek14-75%$50,000$30,80062.3%
Leipsic34-25%$49,140$123,500-60.2%
Woodland Beach5425%$45,000$21,500109.3%
Woodside East1424-41.7%$38,500$86,250-55.4%
Capitol Park67-14.3%$34,125$65,000-47.5%

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