From July through September of 2018, there were 22 homes sold, with a median sale price of $293,500 - a 23.8% increase over the $237,000 median sale price for the same period of the previous year. There were 24 homes sold in Rising Sun-Lebanon in the third quarter of 2017.
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 the third quarter of 2018.
The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sales prices in the third quarter of 2018:
City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Village at Chestnut Ridge | 13 | 6 | 116.7% | $332,044 | $266,142.50 | 24.8% |
Wind Song Farms | 2 | 1 | 100% | $324,790 | $336,381 | -3.4% |
Voshell Mill | 1 | 4 | -75% | $322,000 | $322,500 | -0.2% |
Dogwood Meadows | 3 | 4 | -25% | $300,000 | $290,939 | 3.1% |
Cheswold Farms | 2 | 1 | 100% | $299,000 | $275,000 | 8.7% |
Rising Sun-Lebanon | 22 | 24 | -8.3% | $293,500 | $237,000 | 23.8% |
Magnolia | 56 | 43 | 30.2% | $289,900 | $300,000 | -3.4% |
Brenford | 4 | 4 | 0% | $285,000 | $232,500 | 22.6% |
Voshell Cove | 2 | 2 | 0% | $279,950 | $172,400 | 62.4% |
Hickory Ridge | 5 | 4 | 25% | $272,000 | $336,000 | -19% |
Hammville | 3 | 2 | 50% | $270,000 | $140,009.50 | 92.8% |
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