Frederica 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 Frederica rose by $128,083 while total sales decreased by 25%, according to BlockShopper.com.

From July through September of 2020, there were 15 homes sold, with a median sale price of $255,000 - a 100.9% increase over the $126,918 median sale price for the same period of the previous year. There were 20 homes sold in Frederica in the third quarter of 2019.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for the third quarter of 2020.

The following table compares Frederica 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)
Bishops Corner110%$269,900$230,00017.3%
Church Creek41300%$267,950$210,00027.6%
Hidden Acres21100%$267,499.50$245,0009.2%
Hall Estates41300%$267,250$82,500223.9%
Felton67644.7%$257,000$223,95014.8%
Frederica1520-25%$255,000$126,917.50100.9%
Riverview770%$255,000$222,00014.9%
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%
Woodfield82300%$240,000$241,950-0.8%

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