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Sunday, April 20, 2025

Rising Sun-Lebanon home prices rise in the first half of 2017

Realestate3

The median sale price of a home sold in the first half of 2017 in Rising Sun-Lebanon rose by $2,700 while total sales increased by 8.3%, according to BlockShopper.com.

From January through June of 2017, there were 26 homes sold, with a median sale price of $264,950 - a 1% increase over the $262,250 median sale price for the same period of the previous year. There were 24 homes sold in Rising Sun-Lebanon in the first half of 2016.

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 2017.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Magnolia8389-6.7%$281,889$280,0000.7%
Cheswold Farms21100%$281,000$218,60028.5%
Lakeshore Village5366.7%$275,000$180,70852.2%
Wind Song Farms31200%$272,000$432,705-37.1%
Pennwood21100%$265,000$397,000-33.2%
Rising Sun-Lebanon26248.3%$264,950$262,2501%
Hammville41300%$264,615$146,00081.2%
Voshell Mill34-25%$259,000$178,81044.8%
Garrison Lake Green79-22.2%$247,900$270,000-8.2%
Brenford52150%$243,500$235,699.503.3%
Hall Estates36-50%$240,000$164,95045.5%

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