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Wednesday, October 16, 2024

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:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Dogwood Meadows21100%$413,454.50$318,40429.9%
Bowers12-50%$382,000$250,50052.5%
Hunters Ridge10-$360,000$0-
Highland Acres7616.7%$305,000$275,95010.5%
Magnolia1122-50%$300,000$262,50014.3%
Rising Sun-Lebanon8633.3%$298,220$157,50089.3%
Cheswold Farms20-$295,000$0-
Clayton1627-40.7%$291,000$230,00026.5%
Felton Heights10-$282,000$0-
Lakeshore Village30-$259,000$0-
Planters Woods110%$243,500$257,500-5.4%

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