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Thursday, December 26, 2024

Woodfield home prices fall in the fourth quarter of 2019

Realestate077

The median sale price of a home sold in the fourth quarter of 2019 in Woodfield fell by $8,000 while total sales decreased by 50%, according to BlockShopper.com.

From October through December of 2019, there were two homes sold, with a median sale price of $220,500 - a 3.5% decrease over the $228,500 median sale price for the same period of the previous year. There were four homes sold in Woodfield in the fourth quarter of 2018.

The median sales tax in Woodfield for the most recent year with available data, 2015, was $769, approximately 0.3% of the median home sale price for the fourth quarter of 2019.

The following table compares Woodfield 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)
Hall Estates110%$225,000$221,0001.8%
Wynn Wood110%$225,000$199,90012.6%
Woods Haven23-33.3%$224,775$219,9002.2%
Ryans Run14-75%$222,750$256,750-13.2%
Cheswold330%$222,732$265,000-16%
Woodfield24-50%$220,500$228,500-3.5%
Smyrna13312010.8%$213,327$247,900-13.9%
Frederica211190.9%$211,000$220,000-4.1%
Hunters Ridge110%$210,000$275,000-23.6%
Viola3250%$205,922$227,000-9.3%
Brookdale Heights5366.7%$205,000$175,50016.8%

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