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Wednesday, December 25, 2024

Dover home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Dover rose by $11,650 while total sales decreased by 25.8%, according to BlockShopper.com.

From October through December of 2019, there were 184 homes sold, with a median sale price of $189,900 - a 6.5% increase over the $178,250 median sale price for the same period of the previous year. There were 248 homes sold in Dover in the fourth quarter of 2018.

The median sales tax in Dover for the most recent year with available data, 2015, was $728, approximately 0.4% of the median home sale price for the fourth quarter of 2019.

The following table compares Dover to other Kent County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Hartly1215-20%$202,500$145,00039.7%
Riverview191172.7%$200,000$210,000-4.8%
Milford1935-45.7%$199,995$141,50041.3%
Bush Manor20-$199,500$0-
Highland Acres1318-27.8%$199,000$234,950-15.3%
Dover184248-25.8%$189,900$178,2506.5%
Spruance City511-54.5%$185,000$200,000-7.5%
Brookhaven Estates31200%$183,500$250,000-26.6%
Wyoming141216.7%$180,500$167,0908%
Carlisle Village67-14.3%$179,950$184,000-2.2%
Cedarbrook Acres46-33.3%$175,327$190,325-7.9%

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