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Wednesday, March 12, 2025

Pine Ridge home prices rise in the second half of 2019

Webp realestate5

The median sale price of a home sold in the second half of 2019 in Pine Ridge rose by $24,888 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2019, there were four homes sold, with a median sale price of $152,450 - a 19.5% increase over the $127,563 median sale price for the same period of the previous year. There were two homes sold in Pine Ridge in the second half of 2018.

The median sales tax in Pine Ridge for the most recent year with available data, 2015, was $622, approximately 0.4% of the median home sale price for the second half of 2019.

The following table compares Pine Ridge 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)
Felton Heights56-16.7%$164,900$148,081.5011.4%
Woodside East15150%$161,900$139,00016.5%
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%

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