Rising Sun-Lebanon home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Rising Sun-Lebanon rose by $140,720 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2019, there were eight homes sold, with a median sale price of $298,220 – a 89.3% increase over the $157,500 median sale price for the same period of the previous year. There were six homes sold in Rising Sun-Lebanon in June 2018.

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 June 2019.

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

City June 2019 Home Sales June 2018 Home Sales % change (Total Home Sales) June 2019 Median Sales Price June 2018 Median Sales Price % change (Median Sales Price)
Dogwood Meadows 2 1 100% $413,454.50 $318,404 29.9%
Bowers 1 2 -50% $382,000 $250,500 52.5%
Hunters Ridge 1 0 $360,000 $0
Highland Acres 7 6 16.7% $305,000 $275,950 10.5%
Magnolia 11 22 -50% $300,000 $262,500 14.3%
Rising Sun-Lebanon 8 6 33.3% $298,220 $157,500 89.3%
Cheswold Farms 2 0 $295,000 $0
Clayton 16 27 -40.7% $291,000 $230,000 26.5%
Felton Heights 1 0 $282,000 $0
Lakeshore Village 3 0 $259,000 $0
Planters Woods 1 1 0% $243,500 $257,500 -5.4%


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