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Wednesday, October 16, 2024

Rising Sun-Lebanon home prices fall in August 2019

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The median sale price of a home sold in August 2019 in Rising Sun-Lebanon fell by $54,600 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In August 2019, there were six homes sold, with a median sale price of $305,350 - a 15.2% decrease over the $359,950 median sale price for the same period of the previous year. There were six homes sold in Rising Sun-Lebanon in August 2018, as well.

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 August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Voshell Mill10-$355,000$0-
Village at Chestnut Ridge94125%$339,900$336,462.501%
Star Hill14-75%$335,000$53,400527.3%
Garrison Lake Green51400%$322,000$305,5005.4%
Magnolia1720-15%$307,000$294,014.504.4%
Rising Sun-Lebanon660%$305,350$359,950-15.2%
Riverview25-60%$276,000$193,50042.6%
Cedarbrook Acres21100%$274,750$244,90012.2%
Clayton2130-30%$271,797$271,7500%
Brookfield10-$271,000$0-
Eagles Nest20-$269,950$0-

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