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Thursday, October 17, 2024

Rising Sun-Lebanon home prices rise in the first half of 2019

Realestate3

The median sale price of a home sold in the first half of 2019 in Rising Sun-Lebanon rose by $895 while total sales increased by 28.1%, according to BlockShopper.com.

From January through June of 2019, there were 41 homes sold, with a median sale price of $278,595 - a 0.3% increase over the $277,700 median sale price for the same period of the previous year. There were 32 homes sold in Rising Sun-Lebanon in the first half of 2018.

The median sales tax in Rising Sun-Lebanon for the most recent year with available data, 2015, was $1,013, approximately 0.4% of the median home sale price for the first half of 2019.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Village at Chestnut Ridge1745-62.2%$309,900$288,5457.4%
Hunters Ridge21100%$303,500$305,000-0.5%
Magnolia8086-7%$299,450$260,65414.9%
Brenford17-85.7%$293,000$235,00024.7%
Hammville14-75%$287,000$246,54916.4%
Rising Sun-Lebanon413228.1%$278,595$277,7000.3%
Garrison Lake Green10911.1%$276,400$245,00012.8%
Clayton97109-11%$276,000$223,90023.3%
Hickory Ridge42100%$272,500$281,450-3.2%
Lakeshore Village83166.7%$252,000$250,0000.8%
Lucky Estates17-85.7%$250,000$130,00092.3%

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