Woodfield 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 Woodfield fell by $1,950 while total sales increased by 300%, according to BlockShopper.com.

From July through September of 2020, there were eight homes sold, with a median sale price of $240,000 - a 0.8% decrease over the $241,950 median sale price for the same period of the previous year. There were two homes sold in Woodfield in the third quarter of 2019.

The median sales tax in Woodfield for the most recent year with available data, 2015, was $769, approximately 0.3% of the median home sale price for the third quarter of 2020.

The following table compares Woodfield 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)
Highland Acres1623-30.4%$254,000$230,00010.4%
Misty Pines23-33.3%$252,500$235,0007.4%
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%

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