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Wednesday, December 25, 2024

Bishops Corner home prices fall in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Bishops Corner fell by $35,000 while total sales decreased by 50%, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $202,500 - a 14.7% decrease over the $237,500 median sale price for the same period of the previous year. There were four homes sold in Bishops Corner in the second half of 2018.

The median sales tax in Bishops Corner for the most recent year with available data, 2015, was $901, approximately 0.4% of the median home sale price for the second half of 2019.

The following table compares Bishops Corner 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)
Ryans Run48-50%$216,375$226,950-4.7%
Hunters Ridge13-66.7%$210,000$390,000-46.2%
Camden363116.1%$208,950$204,9002%
Brookdale Heights7475%$205,000$182,75012.2%
Riverview2628-7.1%$205,000$245,000-16.3%
Bishops Corner24-50%$202,500$237,500-14.7%
Kenton78-12.5%$202,500$99,375103.8%
Milford4163-34.9%$199,995$145,29937.6%
Hudson Trails660%$189,450$165,00014.8%
Dover390495-21.2%$189,000$179,0005.6%
Kent Acres251931.6%$186,500$170,0009.7%

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