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Sunday, February 23, 2025

Rising Sun-Lebanon home prices fall in August 2017

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The median sale price of a home sold in August 2017 in Rising Sun-Lebanon fell by $43,500 while total sales decreased by 10%, according to BlockShopper.com.

In August 2017, there were nine homes sold, with a median sale price of $202,000 - a 17.7% decrease over the $245,500 median sale price for the same period of the previous year. There were 10 homes sold in Rising Sun-Lebanon in August 2016.

The median sales tax in Rising Sun-Lebanon for the most recent year with available data, 2015, was $1,013, approximately 0.5% of the median home sale price for August 2017.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Chimney Hill110%$225,000$190,00018.4%
Highland Acres330%$220,000$200,00010%
Smyrna3946-15.2%$219,245$235,168-6.8%
Carlisle Village21100%$207,250$202,5002.3%
Bishops Corner10-$204,000$0-
Rising Sun-Lebanon910-10%$202,000$245,500-17.7%
Clayton261844.4%$201,750$242,450-16.8%
Brookfield10-$198,000$0-
Smyrna Landing110%$195,000$149,00030.9%
Frederica94125%$190,000$200,450-5.2%
Felton1820-10%$187,596.50$211,000-11.1%

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