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Thursday, October 17, 2024

Milford (Kent County) home prices rise in the first half of 2019

Realestate3

The median sale price of a home sold in the first half of 2019 in Milford in Kent County rose by $17,500 while total sales increased by 8.2%, according to BlockShopper.com.

From January through June of 2019, there were 53 homes sold, with a median sale price of $162,000 - a 12.1% increase over the $144,500 median sale price for the same period of the previous year. There were 49 homes sold in Milford in the first half 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 first half of 2019.

The following table compares Milford 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)
Marydel8714.3%$178,500$102,00075%
Brookdale Heights45-20%$177,500$205,000-13.4%
Wyoming211540%$175,000$180,000-2.8%
Smyrna Landing10-$168,000$0-
Spruance City1015-33.3%$167,350$193,000-13.3%
Milford53498.2%$162,000$144,50012.1%
Harrington6594-30.9%$155,000$138,45012%
Frederica40400%$149,450$124,595.5019.9%
Rodney Village12120%$141,500$116,25021.7%
Pine Ridge6520%$139,900$94,33348.3%
Hall Estates110%$138,000$153,862-10.3%
* This story only considers sales data for the part of Milford that is in Kent County.

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