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Thursday, October 17, 2024

Milford (Kent County) home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Milford in Kent County rose by $21,500 while total sales increased by 50%, according to BlockShopper.com.

In November 2020, there were nine homes sold, with a median sale price of $164,000 - a 15.1% increase over the $142,500 median sale price for the same period of the previous year. There were six homes sold in Milford in November 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 November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Harrington1516-6.3%$185,000$141,75030.5%
Brookdale Heights12-50%$175,000$198,750-11.9%
Spruance City23-33.3%$174,500$150,00016.3%
Wyoming84100%$174,000$175,000-0.6%
Kent Acres34-25%$170,000$127,50033.3%
Milford9650%$164,000$142,50015.1%
Capitol Park10-$125,000$0-
Hartly46-33.3%$117,500$193,750-39.4%
Rodney Village24-50%$116,000$110,0745.4%
Riverview69-33.3%$75,000$235,000-68.1%
Marydel12-50%$59,000$156,000-62.2%
* This story only considers sales data for the part of Milford that is in Kent County.

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