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Tuesday, March 11, 2025

Rising Sun-Lebanon home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Rising Sun-Lebanon rose by $25,700 while total sales increased by 42.9%, according to BlockShopper.com.

From October through December of 2019, there were 20 homes sold, with a median sale price of $301,700 - a 9.3% increase over the $276,000 median sale price for the same period of the previous year. There were 14 homes sold in Rising Sun-Lebanon in the fourth quarter of 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 the fourth quarter of 2019.

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

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Quails Nest23-33.3%$342,500$268,10027.8%
Foxhall Courtside41300%$320,765$161,35698.8%
Brookfield12-50%$315,000$325,500-3.2%
Brenford21100%$305,000$275,00010.9%
Rising Sun-Lebanon201442.9%$301,700$276,0009.3%
Church Creek23-33.3%$301,500$232,00030%
Magnolia4849-2%$300,764$290,7003.5%
Pennwood20-$300,500$0-
Wind Song Farms41300%$290,664.50$295,000-1.5%
Clayton5663-11.1%$278,933.50$205,00036.1%
Hammville220%$278,000$219,50026.7%

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