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Thursday, December 26, 2024

Cheswold home prices fall 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 Cheswold fell by $42,268 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $222,732 - a 16% decrease over the $265,000 median sale price for the same period of the previous year. There were three homes sold in Cheswold in the fourth quarter of 2018, as well.

The median sales tax in Cheswold for the most recent year with available data, 2015, was $9, approximately 0% of the median home sale price for the fourth quarter of 2019.

The following table compares Cheswold 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)
Camden151315.4%$230,000$200,00015%
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%

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