In August 2018, there were six homes sold, with a median sale price of $359,950 - a 78.2% increase over the $202,000 median sale price for the same period of the previous year. There were nine homes sold in Rising Sun-Lebanon in August 2017.
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 2018.
The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in August 2018:
City | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hunters Ridge | 2 | 0 | - | $402,500 | $0 | - |
Rising Sun-Lebanon | 6 | 9 | -33.3% | $359,950 | $202,000 | 78.2% |
Pennwood | 1 | 1 | 0% | $355,000 | $275,000 | 29.1% |
Village at Chestnut Ridge | 4 | 3 | 33.3% | $336,462.50 | $120,000 | 180.4% |
Moores Lake Development | 3 | 1 | 200% | $333,300 | $175,000 | 90.5% |
Garrison Lake Green | 1 | 2 | -50% | $305,500 | $247,500 | 23.4% |
Viola | 1 | 1 | 0% | $300,000 | $101,250 | 196.3% |
Magnolia | 20 | 13 | 53.8% | $294,014.50 | $299,437 | -1.8% |
Wind Song Farms | 1 | 0 | - | $290,000 | $0 | - |
Highland Acres | 4 | 3 | 33.3% | $273,000 | $220,000 | 24.1% |
Clayton | 30 | 26 | 15.4% | $271,750 | $201,750 | 34.7% |
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