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Tuesday, December 31, 2024

Spruance City home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in Spruance City rose by $63,728 while total sales increased by 40%, according to BlockShopper.com.

From April through June of 2020, there were seven homes sold, with a median sale price of $210,000 - a 43.6% increase over the $146,272 median sale price for the same period of the previous year. There were five homes sold in Spruance City in the second quarter of 2019.

The median sales tax in Spruance City for the most recent year with available data, 2015, was $674, approximately 0.3% of the median home sale price for the second quarter of 2020.

The following table compares Spruance City to other Kent County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Smyrna80101-20.8%$239,000$210,00013.8%
Chimney Hill34-25%$235,000$212,50010.6%
Carlisle Village41300%$228,250$220,0003.8%
Felton Heights5425%$224,000$191,00017.3%
Wynn Wood13-66.7%$223,750$195,00014.7%
Spruance City7540%$210,000$146,27243.6%
Dover175202-13.4%$203,500$191,0006.5%
Wyoming201266.7%$191,450$174,00010%
Leipsic21100%$190,000$195,000-2.6%
Harrington3840-5%$185,000$162,20014.1%
Camden221457.1%$181,990$205,550-11.5%

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