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Sussex Review

Thursday, April 17, 2025

Pine Grove home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Pine Grove fell by $16,245 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2018, there were eight homes sold, with a median sale price of $276,256 - a 5.6% decrease over the $292,500 median sale price for the same period of the previous year. There were four homes sold in Pine Grove in the first half of 2017.

The following table compares Pine Grove 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)
Bay View Estates410-60%$290,000$222,50030.3%
White Creek Manor13-66.7%$280,000$210,00033.3%
Breezewood10666.7%$279,950$279,0000.3%
Keenwik Sound14-75%$279,900$256,0009.3%
Overbrook Shores770%$279,900$267,0004.8%
Pine Grove84100%$276,255.50$292,500-5.6%
Lochwood42100%$273,250$228,50019.6%
Long Neck12-50%$270,000$309,500-12.8%
Murrays Haven82300%$264,500$264,3420.1%
West Rehoboth311-72.7%$263,000$250,0005.2%
Woods Edge110%$259,000$180,00043.9%

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