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Saturday, November 16, 2024

Dover 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 Dover rose by $8,250 while total sales decreased by 16.6%, according to BlockShopper.com.

From July through September of 2019, there were 206 homes sold, with a median sale price of $188,250 - a 4.6% increase over the $180,000 median sale price for the same period of the previous year. There were 247 homes sold in Dover in the third 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 third quarter of 2019.

The following table compares Dover 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)
Ryans Run34-25%$210,000$189,05011.1%
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-

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