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Friday, November 15, 2024

Felton home prices fall 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 Felton fell by $8,550 while total sales increased by 16.4%, according to BlockShopper.com.

From July through September of 2019, there were 64 homes sold, with a median sale price of $223,950 - a 3.7% decrease over the $232,500 median sale price for the same period of the previous year. There were 55 homes sold in Felton in the third quarter of 2018.

The median sales tax in Felton for the most recent year with available data, 2015, was $348, approximately 0.2% of the median home sale price for the third quarter of 2019.

The following table compares Felton 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)
Misty Pines31200%$235,000$92,000155.4%
Highland Acres231376.9%$230,000$188,00022.3%
Bishops Corner10-$230,000$0-
Voshell Mill41300%$226,738$322,000-29.6%
Bethel21100%$224,500$181,00024%
Felton645516.4%$223,950$232,500-3.7%
Star Hill24-50%$223,206$53,400318%
Chimney Hill39-66.7%$223,000$212,0005.2%
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%

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