From January through June of 2018, there were three homes sold, with a median sale price of $375,000 - a 314.6% increase over the $90,450 median sale price for the same period of the previous year. There were eight homes sold in Oak Orchard in the first half of 2017.
The following table compares Oak Orchard to other Sussex County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Keen-Wik | 6 | 6 | 0% | $450,000 | $530,450 | -15.2% |
Quakertown | 4 | 3 | 33.3% | $444,750 | $215,000 | 106.9% |
Byewood Manor | 4 | 4 | 0% | $442,450 | $434,500 | 1.8% |
Henlopen Keys | 6 | 9 | -33.3% | $411,905 | $546,590 | -24.6% |
Bay View Park | 1 | 2 | -50% | $400,000 | $737,500 | -45.8% |
Oak Orchard | 3 | 8 | -62.5% | $375,000 | $90,450 | 314.6% |
Highland Acres | 3 | 1 | 200% | $360,000 | $312,000 | 15.4% |
Rehoboth Manor | 2 | 5 | -60% | $357,950 | $400,000 | -10.5% |
Silver Lake Manor | 16 | 5 | 220% | $346,500 | $500,000 | -30.7% |
The Landing | 3 | 2 | 50% | $345,000 | $357,000 | -3.4% |
Keenwik West | 5 | 2 | 150% | $340,000 | $465,125 | -26.9% |
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