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Sunday, November 17, 2024

Rising Sun-Lebanon home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Rising Sun-Lebanon rose by $43,255 while total sales increased by 100%, according to BlockShopper.com.

In November 2020, there were eight homes sold, with a median sale price of $306,255 - a 16.4% increase over the $263,000 median sale price for the same period of the previous year. There were four homes sold in Rising Sun-Lebanon in November 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 November 2020.

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

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Magnolia171513.3%$360,876$339,9006.2%
Planters Woods110%$352,500$235,00050%
Highland Acres330%$350,710$48,000630.6%
Cedarbrook Acres220%$338,000$181,82785.9%
Woodside10-$313,500$0-
Rising Sun-Lebanon84100%$306,255$263,00016.4%
Clayton181520%$303,256$279,5178.5%
Eagles Nest10-$299,000$0-
Hunters Ridge110%$288,500$210,00037.4%
Foxhall Courtside20-$288,495$0-
Felton201266.7%$287,815$266,4008%

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