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Kent County Today

Wednesday, November 6, 2024

December 2020: Home prices in Rising Sun-Lebanon fell

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The median sale price of a home sold in December 2020 in Rising Sun-Lebanon fell by $99,400 while total sales decreased by 41.7%, according to BlockShopper.com.

In December 2020, there were seven homes sold, with a median sale price of $215,000 - a 31.6% decrease over the $314,400 median sale price for the same period of the previous year. There were 12 homes sold in Rising Sun-Lebanon in December 2019.

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 December 2020.

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

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Frederica660%$243,000$238,9501.7%
Hunters Ridge20-$241,750$0-
Woodside21100%$241,500$165,00046.4%
Smyrna Landing110%$236,500$169,00039.9%
Village at Chestnut Ridge14-75%$235,000$159,95046.9%
Rising Sun-Lebanon712-41.7%$215,000$314,400-31.6%
Moores Lake Development20-$215,000$0-
Dover816819.1%$215,000$175,00022.9%
Harrington221369.2%$210,000$174,50020.3%
Houston220%$206,000$102,089.50101.8%
Woodside East41300%$198,500$161,90022.6%

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