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Kent County Today

Wednesday, November 6, 2024

Home prices increased in Rising Sun-Lebanon during the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Rising Sun-Lebanon rose by $1,970 while total sales increased by 17.5%, according to BlockShopper.com.

From July through December of 2020, there were 47 homes sold, with a median sale price of $311,620 - a 0.6% increase over the $309,650 median sale price for the same period of the previous year. There were 40 homes sold in Rising Sun-Lebanon in the second half 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 second half of 2020.

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

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Voshell Mill6450%$363,264.50$226,73860.2%
Magnolia1289830.6%$331,000$301,02810%
Village at Chestnut Ridge826-69.2%$329,495$317,6343.7%
Foxhall Courtside249166.7%$319,555$226,00041.4%
Woodside31200%$313,500$165,00090%
Rising Sun-Lebanon474017.5%$311,620$309,6500.6%
Big Oak Corners12-50%$311,000$248,00025.4%
Brenford7616.7%$310,000$305,0001.6%
Hammville13-66.7%$310,000$226,00037.2%
Clayton123124-0.8%$308,000$275,15011.9%
Eagles Nest12850%$305,000$246,50023.7%

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