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Friday, May 3, 2024

March 2021: Home prices in Milford (Kent County) increased

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The median sale price of a home sold in March 2021 in Milford in Kent County rose by $143,100 while total sales increased by 10%, according to BlockShopper.com.

In March 2021, there were 11 homes sold, with a median sale price of $203,100 - a 238.5% increase over the $60,000 median sale price for the same period of the previous year. There were 10 homes sold in Milford in March 2020.

The median sales tax in Milford for the most recent year with available data, 2015, was $358, approximately 0.2% of the median home sale price for March 2021.

The following table compares Milford to other Kent County cities with similar median sale prices in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Hartly34-25%$253,000$235,0007.7%
Hickory Ridge10-$230,000$0-
Spruance City3250%$228,000$189,45020.3%
Dover814965.3%$225,000$165,00036.4%
Cedarbrook Acres20-$217,000$0-
Milford111010%$203,100$60,000238.5%
Wyoming14-75%$196,000$180,2008.8%
Harrington171154.5%$187,500$175,0007.1%
Brookdale Heights10-$186,500$0-
Brookhaven Estates10-$177,500$0-
Frederica220%$167,500$219,375-23.6%
* This story only considers sales data for the part of Milford that is in Kent County.

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