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Sussex Review

Thursday, April 3, 2025

Midway Estates home prices fall in the first half of 2018

Re 9

The median sale price of a home sold in the first half of 2018 in Midway Estates fell by $10,000 while total sales decreased by 57.1%, according to BlockShopper.com.

From January through June of 2018, there were three homes sold, with a median sale price of $245,000 - a 3.9% decrease over the $255,000 median sale price for the same period of the previous year. There were seven homes sold in Midway Estates in the first half of 2017.

The following table compares Midway Estates to other Sussex County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Slaughter Beach660%$257,284.50$312,500-17.7%
Shady Ridge63100%$255,000$233,9109%
Holly Ridge210-80%$250,000$268,250-6.8%
Sandy Brae31200%$249,500$275,000-9.3%
Sand Dunes Village13-66.7%$247,000$240,0002.9%
Midway Estates37-57.1%$245,000$255,000-3.9%
Bald Eagle Village11683.3%$245,000$400,000-38.8%
Angola by the Bay69-33.3%$244,500$200,00022.3%
Ocean Way Estates10742.9%$241,000$265,000-9.1%
Red Mill Farms440%$240,000$302,500-20.7%
Carpenters Corner25-60%$237,462$320,000-25.8%

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