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Sunday, February 23, 2025

Rising Sun-Lebanon home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Rising Sun-Lebanon rose by $4,429 while total sales remained unchanged with eight homes sold, according to BlockShopper.com.

In July 2018, there were eight homes sold, with a median sale price of $297,500 - a 1.5% increase over the $293,072 median sale price for the same period of the previous year. There were eight homes sold in Rising Sun-Lebanon in July 2017, as well.

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 July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Moores Lake Development10-$470,000$0-
Village at Chestnut Ridge52150%$331,529$266,142.5024.6%
Voshell Mill110%$322,000$320,0000.6%
Cheswold Farms10-$298,000$0-
Rising Sun-Lebanon880%$297,500$293,071.501.5%
Riverview94125%$285,000$198,50043.6%
Brenford31200%$285,000$270,0005.6%
Voshell Cove20-$279,950$0-
Magnolia1516-6.3%$275,000$308,450-10.8%
Hickory Ridge110%$272,000$254,5006.9%
Hammville10-$270,000$0-

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