Marydel home prices rise 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 Marydel rose by $33,750 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $220,000 - a 18.1% increase over the $186,250 median sale price for the same period of the previous year. There were four homes sold in Marydel in the third quarter of 2019.

The median sales tax in Marydel for the most recent year with available data, 2015, was $642, approximately 0.3% of the median home sale price for the third quarter of 2020.

The following table compares Marydel 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)
Chimney Hill63100%$232,500$223,0004.3%
Bush Manor110%$229,900$96,450138.4%
Smyrna1141121.8%$225,500$239,500-5.8%
Hudson Trails660%$223,500$189,45018%
Carlisle Village110%$221,000$100,000121%
Marydel24-50%$220,000$186,25018.1%
Spruance City710-30%$217,400$184,95017.5%
Wyoming14140%$217,375$174,00024.9%
Milford262218.2%$215,750$207,5004%
Moores Lake Development34-25%$215,000$310,000-30.6%
Cheswold440%$212,500$134,635.5057.8%

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