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Monday, December 23, 2024

Milford (Kent County) 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 Milford in Kent County rose by $58,495 while total sales decreased by 45.7%, according to BlockShopper.com.

From October through December of 2019, there were 19 homes sold, with a median sale price of $199,995 - a 41.3% increase over the $141,500 median sale price for the same period of the previous year. There were 35 homes sold in Milford in the fourth quarter of 2018.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for the fourth quarter of 2019.

The following table compares Milford 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)
Viola3250%$205,922$227,000-9.3%
Brookdale Heights5366.7%$205,000$175,50016.8%
Kenton73133.3%$202,500$68,000197.8%
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%
* This story only considers sales data for the part of Milford that is in Kent County.

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