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Tuesday, December 31, 2024

Smyrna (Kent County) 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 Smyrna in Kent County rose by $29,000 while total sales decreased by 20.8%, according to BlockShopper.com.

From April through June of 2020, there were 80 homes sold, with a median sale price of $239,000 - a 13.8% increase over the $210,000 median sale price for the same period of the previous year. There were 101 homes sold in Smyrna in the second quarter of 2019.

The median sales tax in Smyrna for the most recent year with available data, 2015, was $594, approximately 0.2% of the median home sale price for the second quarter of 2020.

The following table compares Smyrna 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)
Kenton34-25%$243,000$107,500126%
Cedarbrook Acres5366.7%$241,000$175,00037.7%
Hudson Trails10-$240,000$0-
Planters Woods13-66.7%$240,000$243,500-1.4%
Bethel20-$239,500$0-
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%
* This story only considers sales data for the part of Smyrna that is in Kent County.

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