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Saturday, November 16, 2024

Marydel home prices rise in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Marydel rose by $44,750 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2019, there were four homes sold, with a median sale price of $186,250 - a 31.6% increase over the $141,500 median sale price for the same period of the previous year. There were eight homes sold in Marydel in the third quarter of 2018.

The median sales tax in Marydel for the most recent year with available data, 2015, was $642, approximately 0.3% of the median home sale price for the third quarter of 2019.

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

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Milford2228-21.4%$207,500$151,649.5036.8%
Camden211816.7%$205,000$207,450-1.2%
Lakeshore Village15-80%$194,155$235,000-17.4%
Hudson Trails62200%$189,450$210,000-9.8%
Dover206247-16.6%$188,250$180,0004.6%
Marydel48-50%$186,250$141,50031.6%
Spruance City104150%$184,950$188,770-2%
Hartly18175.9%$184,500$113,00063.3%
Wyoming141040%$174,000$148,166.5017.4%
Bay View Heights10-$170,000$0-
Smyrna Landing24-50%$160,000$127,50025.5%

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