Hickory Ridge 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 Hickory Ridge rose by $94,950 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2020, there were two homes sold, with a median sale price of $399,950 - a 31.1% increase over the $305,000 median sale price for the same period of the previous year. There were three homes sold in Hickory Ridge in the third quarter of 2019.

The median sales tax in Hickory Ridge for the most recent year with available data, 2015, was $1,977, approximately 0.5% of the median home sale price for the third quarter of 2020.

The following table compares Hickory Ridge 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)
Quails Nest41300%$434,665$75,000479.6%
Wind Song Farms12-50%$431,500$325,676.5032.5%
Hickory Ridge23-33.3%$399,950$305,00031.1%
Voshell Mill6450%$363,264.50$226,73860.2%
Village at Chestnut Ridge514-64.3%$333,807$334,900-0.3%
Dogwood Meadows330%$315,000$323,653-2.7%
Rising Sun-Lebanon242020%$312,470$310,0000.8%
Big Oak Corners10-$311,000$0-
Foxhall Courtside135160%$310,000$137,000126.3%

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