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Tuesday, December 31, 2024

Planters Woods home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Planters Woods rose by $8,250 while total sales decreased by 50%, according to BlockShopper.com.

From January through June of 2020, there were two homes sold, with a median sale price of $242,500 - a 3.5% increase over the $234,250 median sale price for the same period of the previous year. There were four homes sold in Planters Woods in the first half of 2019.

The median sales tax in Planters Woods for the most recent year with available data, 2015, was $1,383, approximately 0.6% of the median home sale price for the first half of 2020.

The following table compares Planters Woods to other Kent County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Highland Acres342441.7%$254,500$232,4509.5%
Riverview18175.9%$252,500$191,00032.2%
Moores Lake Development50-$250,000$0-
Big Oak Corners12-50%$250,000$199,90025.1%
Bethel30-$244,000$0-
Planters Woods24-50%$242,500$234,2503.5%
Kent Acres1216-25%$240,000$203,50017.9%
Church Creek38-62.5%$240,000$231,7503.6%
Hudson Trails12-50%$240,000$195,00023.1%
Felton1159027.8%$240,000$229,507.504.6%
Chimney Hill57-28.6%$235,000$220,0006.8%

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