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Sunday, November 17, 2024

Milford (Kent County) home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Milford in Kent County fell by $27,995 while total sales increased by 266.7%, according to BlockShopper.com.

In October 2020, there were 11 homes sold, with a median sale price of $172,000 - a 14% decrease over the $199,995 median sale price for the same period of the previous year. There were three homes sold in Milford in October 2019.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Voshell Cove21100%$195,305.50$91,750112.9%
Misty Pines20-$193,500$0-
Brookfield110%$191,000$315,000-39.4%
Harrington191711.8%$182,000$155,00017.4%
Kent Acres46-33.3%$174,000$215,700-19.3%
Milford113266.7%$172,000$199,995-14%
John Char Estates20-$169,750$0-
Bush Manor110%$160,000$124,00029%
South Bowers31200%$157,000$475,000-66.9%
Little Creek20-$150,900$0-
Pine Ridge110%$132,000$180,000-26.7%
* This story only considers sales data for the part of Milford that is in Kent County.

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