From July through September of 2019, there were 20 homes sold, with a median sale price of $310,000 - a 5.6% increase over the $293,500 median sale price for the same period of the previous year. There were 22 homes sold in Rising Sun-Lebanon in the third 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 third quarter of 2019.
The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in the third quarter of 2019:
City | July - Sept. 2019 Home Sales | July - Sept. 2018 Home Sales | % change (Total Home Sales) | July - Sept. 2019 Median Sales Price | July - Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bowers | 1 | 2 | -50% | $345,000 | $31,750 | 986.6% |
Village at Chestnut Ridge | 14 | 13 | 7.7% | $334,900 | $332,044 | 0.9% |
Wind Song Farms | 2 | 2 | 0% | $325,676.50 | $324,790 | 0.3% |
Dogwood Meadows | 3 | 3 | 0% | $323,653 | $300,000 | 7.9% |
Garrison Lake Green | 7 | 5 | 40% | $312,000 | $240,000 | 30% |
Rising Sun-Lebanon | 20 | 22 | -9.1% | $310,000 | $293,500 | 5.6% |
Moores Lake Development | 4 | 4 | 0% | $310,000 | $401,650 | -22.8% |
Hickory Ridge | 3 | 5 | -40% | $305,000 | $272,000 | 12.1% |
Magnolia | 50 | 56 | -10.7% | $302,208.50 | $289,900 | 4.2% |
Clayton | 68 | 66 | 3% | $273,348.50 | $242,450 | 12.7% |
Summerfield Village | 1 | 0 | - | $272,000 | $0 | - |
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