The median sale price of a home sold in the second quarter of 2019 in Rising Sun-Lebanon rose by $33,080 while total sales increased by 23.5%, according to BlockShopper.com.
From April through June of 2019, there were 21 homes sold, with a median sale price of $298,000 – a 12.5% increase over the $264,920 median sale price for the same period of the previous year. There were 17 homes sold in Rising Sun-Lebanon in the second quarter of 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 the second quarter of 2019.
The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in the second quarter of 2019:
| City | Apr. – June 2019 Home Sales | Apr. – June 2018 Home Sales | % change (Total Home Sales) | Apr. – June 2019 Median Sales Price | Apr. – June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dogwood Meadows | 5 | 5 | 0% | $347,500 | $280,800 | 23.8% |
| Cheswold Farms | 3 | 3 | 0% | $315,000 | $250,000 | 26% |
| Voshell Mill | 2 | 1 | 100% | $312,450 | $166,000 | 88.2% |
| Magnolia | 42 | 52 | -19.2% | $305,100 | $255,654 | 19.3% |
| Garrison Lake Green | 2 | 4 | -50% | $299,950 | $263,750 | 13.7% |
| Rising Sun-Lebanon | 21 | 17 | 23.5% | $298,000 | $264,920 | 12.5% |
| Village at Chestnut Ridge | 7 | 29 | -75.9% | $295,000 | $299,000 | -1.3% |
| Brenford | 1 | 5 | -80% | $293,000 | $234,900 | 24.7% |
| Hammville | 1 | 1 | 0% | $287,000 | $79,800 | 259.6% |
| Pennwood | 1 | 1 | 0% | $285,000 | $445,000 | -36% |
| Highland Acres | 12 | 13 | -7.7% | $282,332.50 | $188,272 | 50% |
