Bethel 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 Bethel rose by $50,450 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $274,950 - a 22.5% increase over the $224,500 median sale price for the same period of the previous year. There were two homes sold in Bethel in the third quarter of 2019, as well.

The median sales tax in Bethel for the most recent year with available data, 2015, was $853, approximately 0.3% of the median home sale price for the third quarter of 2020.

The following table compares Bethel 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)
Lucky Estates60-$290,000$0-
Garrison Lake Green67-14.3%$289,000$312,000-7.4%
Cedarbrook Acres67-14.3%$280,000$248,90012.5%
Planters Woods52150%$280,000$251,25011.4%
Felton Heights70-$277,000$0-
Bethel220%$274,950$224,50022.5%
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%

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