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Tuesday, December 24, 2024

Rising Sun-Lebanon home prices rise in 2019

Realestate1

The median sale price of a home sold in 2019 in Rising Sun-Lebanon rose by $16,905 while total sales increased by 19.1%, according to BlockShopper.com.

From January through December of 2019, there were 81 homes sold, with a median sale price of $299,555 - a 6% increase over the $282,650 median sale price for the previous year. There were 68 homes sold in Rising Sun-Lebanon in 2018.

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 2019.

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

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Quails Nest48-50%$312,500$288,5508.3%
Moores Lake Development48-50%$310,000$344,150-9.9%
Brenford712-41.7%$305,000$276,50010.3%
Hickory Ridge710-30%$305,000$267,45014%
Magnolia178191-6.8%$300,308.50$280,0007.3%
Rising Sun-Lebanon816819.1%$299,555$282,6506%
Brookfield211-81.8%$293,000$2,66110910.9%
Wind Song Farms10742.9%$292,536$295,000-0.8%
Garrison Lake Green222010%$292,250$259,25012.7%
Clayton221238-7.1%$275,600$227,66021.1%
Woods Haven49-55.6%$262,500$229,90014.2%

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