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Monday, December 23, 2024

Rising Sun-Lebanon home prices rise in April 2020

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The median sale price of a home sold in April 2020 in Rising Sun-Lebanon rose by $14,245 while total sales increased by 66.7%, according to BlockShopper.com.

In April 2020, there were 10 homes sold, with a median sale price of $290,245 - a 5.2% increase over the $276,000 median sale price for the same period of the previous year. There were six homes sold in Rising Sun-Lebanon in April 2019.

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 April 2020.

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

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Clayton714-50%$332,735$262,45026.8%
Hickory Ridge10-$314,900$0-
Hall Estates10-$305,000$0-
Foxhall Courtside20-$300,990$0-
Garrison Lake Green31200%$292,000$330,000-11.5%
Rising Sun-Lebanon10666.7%$290,245$276,0005.2%
Dogwood Meadows12-50%$281,500$313,250-10.1%
Lakeshore Village12-50%$280,000$236,30018.5%
Felton211361.5%$268,999$169,00059.2%
John Char Estates21100%$268,500$182,00047.5%
Riverview34-25%$265,000$203,75030.1%

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