Highland Acres 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 Highland Acres rose by $24,000 while total sales decreased by 30.4%, according to BlockShopper.com.

From July through September of 2020, there were 16 homes sold, with a median sale price of $254,000 - a 10.4% increase over the $230,000 median sale price for the same period of the previous year. There were 23 homes sold in Highland Acres in the third quarter of 2019.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.4% of the median home sale price for the third quarter of 2020.

The following table compares Highland Acres 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)
Hidden Acres21100%$267,499.50$245,0009.2%
Hall Estates41300%$267,250$82,500223.9%
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%

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