Smyrna Landing home prices fall in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Smyrna Landing fell by $21,500 while total sales remained unchanged with two homes sold, according to

From July through September of 2020, there were two homes sold, with a median sale price of $138,500 - a 13.4% decrease over the $160,000 median sale price for the same period of the previous year. There were two homes sold in Smyrna Landing in the third quarter of 2019, as well.

The median sales tax in Smyrna Landing for the most recent year with available data, 2015, was $619, approximately 0.4% of the median home sale price for the third quarter of 2020.

The following table compares Smyrna Landing to other Kent County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Woodland Beach10-$157,500$0-
Bay View Heights110%$151,000$170,000-11.2%
Rodney Village58-37.5%$150,000$151,450-1%
Smyrna Landing220%$138,500$160,000-13.4%
Brookhaven Estates31200%$125,000$257,000-51.4%
South Bowers13-66.7%$115,000$131,000-12.2%
Capitol Park3250%$102,000$99,0003%
Woodside East13862.5%$100,000$154,950-35.5%

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