Pennwood home prices rise in the first half of 2020

Medium re 3

The median sale price of a home sold in the first half of 2020 in Pennwood rose by $46,900 while total sales remained unchanged with three homes sold, according to

From January through June of 2020, there were three homes sold, with a median sale price of $296,900 - a 18.8% increase over the $250,000 median sale price for the same period of the previous year. There were three homes sold in Pennwood in the first half of 2019, as well.

The median sales tax in Pennwood for the most recent year with available data, 2015, was $1,572, approximately 0.5% of the median home sale price for the first half of 2020.

The following table compares Pennwood 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)
Cheswold Farms15-80%$335,000$315,0006.3%
Foxhall Courtside100-$334,457.50$0-
Village at Chestnut Ridge241741.2%$333,450$309,9007.6%
Rising Sun-Lebanon3741-9.8%$298,500$278,5957.1%
Hall Estates51400%$295,000$138,000113.8%
Garrison Lake Green910-10%$292,000$276,4005.6%
Lucky Estates51400%$285,000$250,00014%

Blockshopper green logo