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Saturday, November 16, 2024

Milford (Kent County) 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 Milford in Kent County rose by $55,851 while total sales decreased by 21.4%, according to BlockShopper.com.

From July through September of 2019, there were 22 homes sold, with a median sale price of $207,500 - a 36.8% increase over the $151,650 median sale price for the same period of the previous year. There were 28 homes sold in Milford in the third 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 third quarter of 2019.

The following table compares Milford 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)
Riverview717-58.8%$222,000$262,000-15.3%
Hammville13-66.7%$219,500$270,000-18.7%
Church Creek12-50%$210,000$231,200-9.2%
Wynn Wood15-80%$210,000$200,0005%
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%
* This story only considers sales data for the part of Milford that is in Kent County.

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