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Tuesday, December 31, 2024

Highland Acres home prices fall in June 2020

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The median sale price of a home sold in June 2020 in Highland Acres fell by $70,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In June 2020, there were seven homes sold, with a median sale price of $235,000 - a 23% decrease over the $305,000 median sale price for the same period of the previous year. There were seven homes sold in Highland Acres in June 2019, as well.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.5% of the median home sale price for June 2020.

The following table compares Highland Acres to other Kent County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Felton261662.5%$252,457$229,00010.2%
Church Creek12-50%$250,000$242,0003.3%
Kenton110%$243,000$30,000710%
Chimney Hill20-$240,000$0-
Planters Woods110%$240,000$243,500-1.4%
Highland Acres770%$235,000$305,000-23%
Riverview35-40%$235,000$191,00023%
Lakeshore Village13-66.7%$235,000$259,000-9.3%
Bethel10-$228,000$0-
Smyrna332437.5%$222,000$233,250-4.8%
Spruance City3250%$217,000$182,13619.1%

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