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Wednesday, December 25, 2024

Rodney Village home prices rise in the second half of 2019

Realestate1

The median sale price of a home sold in the second half of 2019 in Rodney Village rose by $25,250 while total sales decreased by 15%, according to BlockShopper.com.

From July through December of 2019, there were 17 homes sold, with a median sale price of $144,000 - a 21.3% increase over the $118,750 median sale price for the same period of the previous year. There were 20 homes sold in Rodney Village in the second half of 2018.

The median sales tax in Rodney Village for the most recent year with available data, 2015, was $758, approximately 0.5% of the median home sale price for the second half of 2019.

The following table compares Rodney Village to other Kent County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Smyrna Landing440%$155,500$127,50022%
Harrington916344.4%$155,000$172,000-9.9%
Hall Estates220%$153,750$200,500-23.3%
Pine Ridge42100%$152,450$127,562.5019.5%
Summerfield Village20-$152,000$0-
Rodney Village1720-15%$144,000$118,75021.3%
Cheswold7540%$135,000$255,000-47.1%
Star Hill Village440%$127,581.50$52,750141.9%
Bush Manor31200%$124,000$81,50052.1%
Leipsic15-80%$99,900$55,00081.6%
Voshell Cove330%$91,750$174,900-47.5%

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