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Monday, December 23, 2024

Hammville 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 Hammville fell by $43,000 while total sales decreased by 40%, according to BlockShopper.com.

From July through December of 2019, there were three homes sold, with a median sale price of $226,000 - a 16% decrease over the $269,000 median sale price for the same period of the previous year. There were five homes sold in Hammville in the second half of 2018.

The median sales tax in Hammville for the most recent year with available data, 2015, was $1,078, approximately 0.5% of the median home sale price for the second half of 2019.

The following table compares Hammville 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)
Lakeshore Village28-75%$229,527.50$241,000-4.8%
Viola6450%$227,500$227,0000.2%
Chimney Hill613-53.8%$227,450$212,0007.3%
Voshell Mill41300%$226,738$322,000-29.6%
Foxhall Courtside91800%$226,000$161,35640.1%
Hammville35-40%$226,000$269,000-16%
Highland Acres363116.1%$226,000$229,900-1.7%
Felton1221165.2%$225,000$202,50011.1%
Smyrna2452392.5%$224,900$219,0002.7%
Bethel21100%$224,500$181,00024%
Star Hill26-66.7%$223,206$84,875163%

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