Rising Sun-Lebanon home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Rising Sun-Lebanon fell by $54,600 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In August 2019, there were six homes sold, with a median sale price of $305,350 – a 15.2% decrease over the $359,950 median sale price for the same period of the previous year. There were six homes sold in Rising Sun-Lebanon in August 2018, as well.

The median sales tax in Rising Sun-Lebanon for the most recent year with available data, 2015, was $1,013, approximately 0.3% of the median home sale price for August 2019.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in August 2019:

City Aug. 2019 Home Sales Aug. 2018 Home Sales % change (Total Home Sales) Aug. 2019 Median Sales Price Aug. 2018 Median Sales Price % change (Median Sales Price)
Voshell Mill 1 0 $355,000 $0
Village at Chestnut Ridge 9 4 125% $339,900 $336,462.50 1%
Star Hill 1 4 -75% $335,000 $53,400 527.3%
Garrison Lake Green 5 1 400% $322,000 $305,500 5.4%
Magnolia 17 20 -15% $307,000 $294,014.50 4.4%
Rising Sun-Lebanon 6 6 0% $305,350 $359,950 -15.2%
Riverview 2 5 -60% $276,000 $193,500 42.6%
Cedarbrook Acres 2 1 100% $274,750 $244,900 12.2%
Clayton 21 30 -30% $271,797 $271,750 0%
Brookfield 1 0 $271,000 $0
Eagles Nest 2 0 $269,950 $0


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