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Sunday, November 24, 2024

Rising Sun-Lebanon home prices rise in September 2018

Realestate1

The median sale price of a home sold in September 2018 in Rising Sun-Lebanon rose by $47,450 while total sales increased by 14.3%, according to BlockShopper.com.

In September 2018, there were eight homes sold, with a median sale price of $276,450 - a 20.7% increase over the $229,000 median sale price for the same period of the previous year. There were seven homes sold in Rising Sun-Lebanon in September 2017.

The median sales tax in Rising Sun-Lebanon for the most recent year with available data, 2015, was $1,013, approximately 0.4% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Dogwood Meadows21100%$301,512$336,878-10.5%
Cheswold Farms10-$300,000$0-
Hickory Ridge20-$295,000$0-
Eagles Nest20-$294,500$0-
Magnolia211450%$289,900$300,031-3.4%
Rising Sun-Lebanon8714.3%$276,450$229,00020.7%
Woods Haven110%$265,000$191,00038.7%
Lucky Estates10-$264,000$0-
Big Oak Corners110%$254,900$256,900-0.8%
Garrison Lake Green220%$247,500$269,000-8%
Planters Woods10-$247,000$0-

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