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Sunday, November 17, 2024

Rising Sun-Lebanon home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Rising Sun-Lebanon rose by $9,510 while total sales increased by 100%, according to BlockShopper.com.

In October 2020, there were eight homes sold, with a median sale price of $322,310 - a 3% increase over the $312,800 median sale price for the same period of the previous year. There were four homes sold in Rising Sun-Lebanon in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Hall Estates10-$365,000$0-
Brenford10-$352,000$0-
Foxhall Courtside330%$349,610$260,00034.5%
Magnolia221369.2%$344,950$280,00023.2%
Eagles Nest20-$330,000$0-
Rising Sun-Lebanon84100%$322,310$312,8003%
Bishops Corner110%$315,000$175,00080%
Lakeshore Village110%$298,000$264,90012.5%
Clayton23219.5%$297,000$269,75010.1%
Dogwood Meadows20-$293,130$0-
Church Creek110%$293,000$328,000-10.7%

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