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Tuesday, March 11, 2025

Pennwood home prices fall in 2019

Webp re 13

The median sale price of a home sold in 2019 in Pennwood fell by $44,000 while total sales increased by 50%, according to BlockShopper.com.

From January through December of 2019, there were six homes sold, with a median sale price of $250,500 - a 14.9% decrease over the $294,500 median sale price for the previous year. There were four homes sold in Pennwood in 2018.

The median sales tax in Pennwood for the most recent year with available data, 2015, was $1,572, approximately 0.6% of the median home sale price for 2019.

The following table compares Pennwood 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)
Garrison Lake Green222010%$292,250$259,25012.7%
Clayton221238-7.1%$275,600$227,66021.1%
Woods Haven49-55.6%$262,500$229,90014.2%
Hammville49-55.6%$256,500$248,0983.4%
Lakeshore Village1011-9.1%$252,000$247,0002%
Pennwood6450%$250,500$294,500-14.9%
Hunters Ridge34-25%$247,000$347,500-28.9%
Hidden Acres550%$245,000$230,0006.5%
Eagles Nest9728.6%$245,000$239,0002.5%
Planters Woods9580%$244,900$257,500-4.9%
Woodfield915-40%$235,000$204,00015.2%

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