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Thursday, October 17, 2024

Dover home prices rise 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 Dover rose by $24,445 while total sales decreased by 18.9%, according to BlockShopper.com.

From January through June of 2019, there were 383 homes sold, with a median sale price of $185,000 - a 15.2% increase over the $160,555 median sale price for the same period of the previous year. There were 472 homes sold in Dover in the first half of 2018.

The median sales tax in Dover for the most recent year with available data, 2015, was $728, approximately 0.4% of the median home sale price for the first half of 2019.

The following table compares Dover 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)
Cedarbrook Acres69-33.3%$196,000$190,0003.2%
Carlisle Village5366.7%$195,000$179,9008.4%
Hudson Trails24-50%$195,000$135,174.5044.3%
Eagles Nest13-66.7%$191,634$250,000-23.3%
Riverview1721-19%$191,000$235,000-18.7%
Dover383472-18.9%$185,000$160,55515.2%
Felton Heights84100%$182,500$212,400-14.1%
Viola7540%$179,000$180,000-0.6%
Marydel8714.3%$178,500$102,00075%
Brookdale Heights45-20%$177,500$205,000-13.4%
Wyoming211540%$175,000$180,000-2.8%

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