Smyrna (Kent County) home prices fall in the third quarter of 2020

Medium realestate1

The median sale price of a home sold in the third quarter of 2020 in Smyrna in Kent County fell by $14,000 while total sales increased by 1.8%, according to

From July through September of 2020, there were 114 homes sold, with a median sale price of $225,500 - a 5.8% decrease over the $239,500 median sale price for the same period of the previous year. There were 112 homes sold in Smyrna in the third quarter of 2019.

The median sales tax in Smyrna for the most recent year with available data, 2015, was $594, approximately 0.3% of the median home sale price for the third quarter of 2020.

The following table compares Smyrna 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)
Woods Haven220%$247,500$270,000-8.3%
Chimney Hill63100%$232,500$223,0004.3%
Bush Manor110%$229,900$96,450138.4%
Hudson Trails660%$223,500$189,45018%
Carlisle Village110%$221,000$100,000121%
Spruance City710-30%$217,400$184,95017.5%
* This story only considers sales data for the part of Smyrna that is in Kent County.

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