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Saturday, November 16, 2024

Frederica home prices rise in April 2020

Realestate2

The median sale price of a home sold in April 2020 in Frederica rose by $39,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In April 2020, there were seven homes sold, with a median sale price of $253,000 - a 18.2% increase over the $214,000 median sale price for the same period of the previous year. There were seven homes sold in Frederica in April 2019, as well.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for April 2020.

The following table compares Frederica to other Kent County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
John Char Estates21100%$268,500$182,00047.5%
Riverview34-25%$265,000$203,75030.1%
Magnolia916-43.8%$260,000$296,650-12.4%
Highland Acres73133.3%$255,000$259,900-1.9%
Carlisle Village21100%$254,500$220,00015.7%
Frederica770%$253,000$214,00018.2%
Pine Ridge12-50%$251,500$126,725.5098.5%
Smyrna2135-40%$238,000$189,90025.3%
Houston31200%$230,000$184,90024.4%
Felton Heights30-$224,000$0-
Wynn Wood10-$223,750$0-

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