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Friday, November 15, 2024

Rising Sun-Lebanon home prices rise in September 2019

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The median sale price of a home sold in September 2019 in Rising Sun-Lebanon rose by $33,550 while total sales decreased by 12.5%, according to BlockShopper.com.

In September 2019, there were seven homes sold, with a median sale price of $310,000 - a 12.1% increase over the $276,450 median sale price for the same period of the previous year. There were eight homes sold in Rising Sun-Lebanon in September 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 September 2019.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Eagles Nest12-50%$372,000$294,50026.3%
Highland Acres52150%$320,000$170,50087.7%
Rising Sun-Lebanon78-12.5%$310,000$276,45012.1%
Hickory Ridge3250%$305,000$295,0003.4%
Dogwood Meadows220%$304,326.50$301,5120.9%
Village at Chestnut Ridge14-75%$302,263$340,051-11.1%
Garrison Lake Green220%$299,750$247,50021.1%
Magnolia1921-9.5%$295,629$289,9002%
Brenford20-$275,000$0-
Clayton201533.3%$252,242.50$214,50017.6%
Felton1721-19%$250,000$195,00028.2%

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