Viola 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 Viola fell by $80,500 while total sales increased by 233.3%, according to

From July through September of 2020, there were 10 homes sold, with a median sale price of $162,500 - a 33.1% decrease over the $243,000 median sale price for the same period of the previous year. There were three homes sold in Viola in the third quarter of 2019.

The median sales tax in Viola for the most recent year with available data, 2015, was $670, approximately 0.4% of the median home sale price for the third quarter of 2020.

The following table compares Viola 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)
Hunters Ridge20-$193,500$0-
Kent Acres1214-14.3%$189,950$246,000-22.8%
Brookdale Heights220%$185,500$157,50017.8%
Voshell Cove110%$177,000$80,851118.9%
Star Hill12-50%$164,900$223,206-26.1%
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%

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