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Saturday, November 23, 2024

Rising Sun-Lebanon home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Rising Sun-Lebanon fell by $86,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $206,000 - a 29.6% decrease over the $292,500 median sale price for the same period of the previous year. There were six homes sold in Rising Sun-Lebanon in November 2017.

The median sales tax in Rising Sun-Lebanon for the most recent year with available data, 2015, was $1,013, approximately 0.5% of the median home sale price for November 2018.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Woodfield10-$227,000$0-
Hall Estates10-$221,000$0-
Lucky Estates10-$219,900$0-
Camden45-20%$213,750$190,00012.5%
Viola110%$207,500$150,00038.3%
Rising Sun-Lebanon46-33.3%$206,000$292,500-29.6%
Spruance City220%$201,000$112,00079.5%
Wynn Wood12-50%$199,900$202,500-1.3%
Village at Chestnut Ridge5425%$188,650$227,500-17.1%
Wyoming47-42.9%$187,400$136,50037.3%
Carlisle Village10-$184,000$0-

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