Milford (Kent County) home prices fall in the first half of 2020

Medium realestate4

The median sale price of a home sold in the first half of 2020 in Milford in Kent County fell by $36,250 while total sales decreased by 25.9%, according to BlockShopper.com.

From January through June of 2020, there were 40 homes sold, with a median sale price of $122,250 - a 22.9% decrease over the $158,500 median sale price for the same period of the previous year. There were 54 homes sold in Milford in the first half of 2019.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.3% of the median home sale price for the first half of 2020.

The following table compares Milford 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)
Voshell Cove24-50%$153,077.50$97,27657.4%
Star Hill7475%$150,000$92,00063%
Carlisle Village9580%$149,900$195,000-23.1%
South Bowers220%$130,075$81,00060.6%
Smyrna Landing41300%$125,400$168,000-25.4%
Milford4054-25.9%$122,250$158,500-22.9%
Woodside East181428.6%$112,953.50$38,500193.4%
Woods Haven10-$105,000$0-
Woodside42100%$104,700$196,500-46.7%
Viola47-42.9%$103,757$179,000-42%
Capitol Park166166.7%$85,000$34,125149.1%
* This story only considers sales data for the part of Milford that is in Kent County.

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