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Kent County Today

Tuesday, November 5, 2024

Rising home prices in Rising Sun-Lebanon in the fourth quarter of 2020

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The median sale price of a home sold in the fourth quarter of 2020 in Rising Sun-Lebanon rose by $7,210 while total sales increased by 15%, according to BlockShopper.com.

From October through December of 2020, there were 23 homes sold, with a median sale price of $308,910 - a 2.4% increase over the $301,700 median sale price for the same period of the previous year. There were 20 homes sold in Rising Sun-Lebanon in the fourth quarter of 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 the fourth quarter of 2020.

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

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Foxhall Courtside114175%$319,990$320,765-0.2%
Hall Estates21100%$317,450$225,00041.1%
Garrison Lake Green15-80%$315,000$269,00017.1%
Woodside31200%$313,500$165,00090%
Bishops Corner31200%$309,000$175,00076.6%
Rising Sun-Lebanon232015%$308,910$301,7002.4%
Clayton675619.6%$308,112$278,933.5010.5%
Eagles Nest440%$307,000$236,50029.8%
Riverview1220-40%$296,950$205,00044.9%
Ryans Run71600%$296,000$222,75032.9%
Hunters Ridge31200%$288,500$210,00037.4%

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