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Yahoo
21 hours ago
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Homes in Sussex County sold for higher prices recently. See how much here
Newly released data from for April shows that potential buyers and sellers in Sussex County saw slightly higher home sale prices than the previous month's median of $460,000. The median home sold for $461,250, an analysis of data from shows. That means April, the most recent month for which figures are available, was slightly up from March. Compared with April 2024, the median home sales price was up 1.8% compared with $452,915. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. More: Homes in Kent County sold for lower prices recently: See how much here Information on your local housing market, along with other useful community data, is available at Here is a breakdown of median sale prices: Looking only at single-family homes, the $451,000 median selling price in Sussex County was down 5.1% in April from $475,000 the month prior. Since April 2024, the sales price of single-family homes was slightly up from a median of $450, single-family homes sold for $1 million or more during the month, compared to 25 recorded transactions of at least $1 million in April 2024. Condominiums and townhomes increased by 17.7% in sales price during April to a median of $502,450 from $426,995 in March. Compared with April 2024, the sales price of condominiums and townhomes was up 7.4% from $467,750. Eight condominiums or townhomes sold for $1 million or more during the month, compared with 12 recorded transactions of at least $1 million in April 2024. In April, the number of recorded sales in Sussex County dropped by 18.5% since April 2024 — from 466 to 380. All residential home sales totaled $240 million. Across Delaware, homes sold at a median of $375,000 during April, a slight decrease from $376,250 in March. There were 987 recorded sales across the state during April, down 18.8% from 1,215 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Delaware decreased by 11.1% from $517.3 million in March to $460 million this April. Out of all residential home sales in Delaware, 4.96% of homes sold for at least $1 million in April, up from 4.36% in April 2024. Sales prices of single-family homes across Delaware increased by 2.5% from a median of $390,000 in March to $399,900 in April. Since April 2024, the sales price of single-family homes across the state was up 3.9% from $385,000. Across the state, the sales price of condominiums and townhomes dropped 2% from a median of $325,000 in March to $318,450 during April. The median sales price of condominiums and townhomes is down 9.8% from the median of $353,000 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Delaware News Journal: Homes in Sussex County sold for higher prices. See how much here
Yahoo
21 hours ago
- Business
- Yahoo
Homes in Kent County sold for lower prices recently: See how much here
Newly released data from for April shows that potential buyers and sellers in Kent County saw slightly lower home sale prices than the previous month's median of $339,000. The median home sold for $336,450, an analysis of data from shows. That means April, the most recent month for which figures are available, was slightly down from March. Compared with April 2024, the median home sales price was down 4.4% compared with $352,000. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. More: Homes in Sussex County sold for higher prices recently: See how much here More: Homes in Sussex County sold for higher prices recently: See how much here Information on your local housing market, along with other useful community data, is available at Here is a breakdown of median sale prices: Looking only at single-family homes, the $337,000 median selling price in Kent County was slightly down in April from $338,000 the month prior. Since April 2024, the sales price of single-family homes was down 4.8% from a median of $353, single family home sold for $1 million or more during the month, compared with four recorded transactions of at least $1 million in April 2024. Condominiums and townhomes decreased by 60% in sales price during April to a median of $320,000 from $800,000 in March. Compared with April 2024, the sales price of condominiums and townhomes was up 8.5% from $295,000. No condominiums or townhomes sold for $1 million or more during April. In April, the number of recorded sales in Kent County dropped by 36.6% since April 2024 — from 227 to 144. All residential home sales totaled $50.7 million. Across Delaware, homes sold at a median of $375,000 during April, a slight decrease from $376,250 in March. There were 987 recorded sales across the state during April, down 18.8% from 1,215 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Delaware decreased by 11.1% from $517.3 million in March to $460 million this April. Out of all residential home sales in Delaware, 4.96% of homes sold for at least $1 million in April, up from 4.36% in April 2024. Sales prices of single-family homes across Delaware increased by 2.5% from a median of $390,000 in March to $399,900 in April. Since April 2024, the sales price of single-family homes across the state was up 3.9% from $385,000. Across the state, the sales price of condominiums and townhomes dropped 2% from a median of $325,000 in March to $318,450 during April. The median sales price of condominiums and townhomes is down 9.8% from the median of $353,000 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Delaware News Journal: Homes in Kent County sold for lower prices recently: See how much here
Yahoo
21 hours ago
- Business
- Yahoo
Homes in Polk County sold for higher prices recently: See how much here
Newly released data from for April shows that potential buyers and sellers in Polk County saw higher home sale prices than the previous month's median of $310,000. The median home sold for $315,000, an analysis of data from shows. That means April, the most recent month for which figures are available, was up 1.6% from March. Compared to April 2024, the median home sales price was down 4.4% compared to $329,637. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. Information on your local housing market, along with other useful community data, is available at Here is a breakdown on median sale prices: Looking only at single-family homes, the $320,000 median selling price in Polk County was slightly up in April from $317,000 the month prior. Since April 2024, the sales price of single-family homes was down 3.5% from a median of $331, single family homes sold for $1 million or more during the month, compared to 28 recorded transactions of at least $1 million in April 2024. Condominiums and townhomes slightly increased in sales price during April to a median of $269,495 from $268,500 in March. Compared to April 2024, the sales price of condominiums and townhomes was down 3.4% from $278,995. No condominiums or townhomes sold for $1 million or more during April. In April, the number of recorded sales in Polk County dropped by 29.2% since April 2024 — from 1,725 to 1,222. All residential home sales totaled $410.7 million. Across Florida, homes sold at a median of $380,298 during April, a slight decrease from $380,563 in March. There were 35,857 recorded sales across the state during April, down 15.3% from 42,340 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Florida decreased by 10.1% from $24.9 billion in March to $22.4 billion this April. Out of all residential home sales in Florida, 9.14% of homes sold for at least $1 million in April, down from 10.12% in April 2024. Sales prices of single-family homes across Florida slightly decreased from a median of $401,633 in March to $400,000 in April. Since April 2024, the sales price of single-family homes across the state was down 3.2% from $413,277. Across the state, the sales price of condominiums and townhomes rose 1.2% from a median of $306,778 in March to $310,369 during April. The median sales price of condominiums and townhomes is down 6.4% from the median of $331,645 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on The Ledger: Homes in Polk County sold for higher prices recently: See how much here
Yahoo
2 days ago
- Business
- Yahoo
These Are the Only 3 US Cities With Affordable Homes, According to the 30% Rule
If it feels like buying a home in a major city is unaffordable, that's because it most likely is if you're following a popular budgeting rule of thumb. The '30% rule' states that you should spend roughly 30% or less of your pretax income on housing to leave room for other non-negotiables in your budget. Find Out: Read Next: Yet in 47 of the 50 major U.S. metros, the monthly cost of owning a median-priced home is more than 30% of the area's median household income, according to a new report. (The analysis assumed a 20% down payment and a typical 30-year fixed mortgage rate of 6.82%.) Here's a look at the only three major U.S. metro areas where the average household can afford the costs of owning a typical home. Median home list price (May 2025): $249,900 Annual mortgage payment + tax and insurance: $19,970 Median household income: $72,935 % of income needed to cover housing costs: 27.4% Check Out: Median home list price (May 2025): $270,000 Annual mortgage payment + tax and insurance: $21,576 Median household income: $72,493 % of income needed to cover housing costs: 29.8% Median home list price (May 2025): $299,900 Annual mortgage payment + tax and insurance: $23,966 Median household income: $79,869 % of income needed to cover housing costs: 30% More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives 10 Cars That Outlast the Average Vehicle This article originally appeared on These Are the Only 3 US Cities With Affordable Homes, According to the 30% Rule
Yahoo
2 days ago
- Business
- Yahoo
Homes in Ross County sold for lower prices recently: See how much here
Newly released data from for April shows that potential buyers and sellers in Ross County saw lower home sale prices than the previous month's median of $209,000. The median home sold for $174,650, an analysis of data from shows. That means April, the most recent month for which figures are available, was down 16.4% from March. Compared to April 2024, the median home sales price was down 3% compared to $180,000. sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data. Information on your local housing market, along with other useful community data, is available at Here is a breakdown on median sale prices: Looking only at single-family homes, the $174,650 median selling price in Ross County was down 17.8% in April from $212,500 the month prior. Since April 2024, the sales price of single-family homes was down 3% from a median of $180, single-family homes sold for $1 million or more during the month. In April, the number of recorded sales in Ross County dropped by 1.3% since April 2024 — from 75 to 74. All residential home sales totaled $15 million. Across Ohio, homes sold at a median of $230,000 during April, up 2.2% from $225,000 in March. There were 12,538 recorded sales across the state during April, down 3.1% from 12,932 recorded sales in April 2024. Here's a breakdown for the full state: The total value of recorded residential home sales in Ohio increased by 1.8% from $3.7 billion in March to $3.8 billion this April. Out of all residential home sales in Ohio, 2% of homes sold for at least $1 million in April, down from 2.23% in April 2024. Sales prices of single-family homes across Ohio increased by 1.1% from a median of $225,000 in March to $227,398 in April. Since April 2024, the sales price of single-family homes across the state was up 5.7% from $215,153. Across the state, the sales price of condominiums and townhomes rose 12.2% from a median of $222,150 in March to $249,150 during April. The median sales price of condominiums and townhomes is up 13.3% from the median of $220,000 in April 2024. The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Chillicothe Gazette: Homes in Ross County sold for lower prices recently: See how much here
