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Monday, December 23, 2024

Bishops Corner home prices fall in 2019

Realestate1

The median sale price of a home sold in 2019 in Bishops Corner fell by $81,500 while total sales decreased by 50%, according to BlockShopper.com.

From January through December of 2019, there were three homes sold, with a median sale price of $175,000 - a 31.8% decrease over the $256,500 median sale price for the previous year. There were six homes sold in Bishops Corner in 2018.

The median sales tax in Bishops Corner for the most recent year with available data, 2015, was $901, approximately 0.5% of the median home sale price for 2019.

The following table compares Bishops Corner to other Kent County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Marydel1822-18.2%$180,000$110,57562.8%
Brookdale Heights11922.2%$180,000$190,000-5.3%
Spruance City2530-16.7%$180,000$194,500-7.5%
Felton Heights131030%$175,000$162,7507.5%
Wyoming493732.4%$175,000$163,2807.2%
Bishops Corner36-50%$175,000$256,500-31.8%
Hartly54508%$170,750$157,2508.6%
Smyrna Landing5425%$168,000$127,50031.8%
Woodside34-25%$165,000$76,450115.8%
Cheswold11922.2%$159,900$229,990-30.5%
Harrington156157-0.6%$155,000$145,5006.5%

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