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Sunday, April 20, 2025

Rising Sun-Lebanon home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Rising Sun-Lebanon rose by $35,337 while total sales increased by 100%, according to BlockShopper.com.

In July 2017, there were eight homes sold, with a median sale price of $293,072 - a 13.7% increase over the $257,735 median sale price for the same period of the previous year. There were four homes sold in Rising Sun-Lebanon in July 2016.

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 2017.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Viola13-66.7%$400,000$135,500195.2%
Voshell Mill10-$320,000$0-
Quails Nest110%$314,000$549,704-42.9%
Magnolia1618-11.1%$308,450$289,5006.5%
Rising Sun-Lebanon84100%$293,071.50$257,73513.7%
Carlisle Village110%$289,500$193,00050%
Eagles Nest31200%$280,000$228,00022.8%
Brookfield20-$275,000$0-
Brenford12-50%$270,000$170,73558.1%
Village at Chestnut Ridge21100%$266,142.50$175,00052.1%
John Char Estates20-$261,000$0-

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