Rising Sun-Lebanon home prices fall in December 2018

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The median sale price of a home sold in December 2018 in Rising Sun-Lebanon fell by $110,050 while total sales increased by 25%, according to BlockShopper.com.

In December 2018, there were five homes sold, with a median sale price of $169,900 – a 39.3% decrease over the $279,950 median sale price for the same period of the previous year. There were four homes sold in Rising Sun-Lebanon in December 2017.

The median sales tax in Rising Sun-Lebanon for the most recent year with available data, 2015, was $1,013, approximately 0.6% of the median home sale price for December 2018.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in December 2018:

City Dec. 2018 Home Sales Dec. 2017 Home Sales % change (Total Home Sales) Dec. 2018 Median Sales Price Dec. 2017 Median Sales Price % change (Median Sales Price)
Wyoming 3 3 0% $180,500 $138,683 30.2%
South Bowers 1 2 -50% $180,000 $70,631 154.8%
Brookdale Heights 2 0 $177,750 $0
Dover 75 84 -10.7% $177,000 $155,500 13.8%
Hartly 3 4 -25% $175,000 $110,750 58%
Rising Sun-Lebanon 5 4 25% $169,900 $279,950 -39.3%
Marydel 3 0 $167,500 $0
Kent Acres 1 3 -66.7% $165,000 $138,000 19.6%
Capitol Park 2 1 100% $160,500 $45,000 256.7%
Rodney Village 4 2 100% $155,150 $130,000 19.3%
Cedarbrook Acres 1 2 -50% $150,650 $197,450 -23.7%


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