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Saturday, November 16, 2024

Rising Sun-Lebanon home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Rising Sun-Lebanon rose by $28,500 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In February 2020, there were seven homes sold, with a median sale price of $298,500 - a 10.6% increase over the $270,000 median sale price for the same period of the previous year. There were seven homes sold in Rising Sun-Lebanon in February 2019, 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 February 2020.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Cheswold Farms110%$335,000$425,000-21.2%
Foxhall Courtside30-$325,000$0-
Clayton1117-35.3%$304,900$288,5005.7%
Rising Sun-Lebanon770%$298,500$270,00010.6%
Brenford10-$289,900$0-
Lakeshore Village220%$283,500$141,175100.8%
Marydel13-66.7%$270,000$173,00056.1%
Magnolia15966.7%$265,000$329,000-19.5%
Moores Lake Development30-$250,000$0-
Eagles Nest10-$247,900$0-
Church Creek10-$240,000$0-

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