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Kent County Today

Wednesday, November 6, 2024

Pricing for the median home in Rising Sun-Lebanon increased during 2020

Realestate4

The median sale price of a home sold in 2020 in Rising Sun-Lebanon rose by $3,953 while total sales increased by 3.7%, according to BlockShopper.com.

From January through December of 2020, there were 84 homes sold, with a median sale price of $303,508 - a 1.3% increase over the $299,555 median sale price for the previous year. There were 81 homes sold in Rising Sun-Lebanon in 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 2020.

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

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Cheswold Farms15-80%$335,000$315,0006.3%
Village at Chestnut Ridge3243-25.6%$330,403.50$313,4325.4%
Foxhall Courtside339266.7%$325,000$226,00043.8%
Magnolia22317825.3%$308,265$300,308.502.6%
Clayton184221-16.7%$305,000$275,60010.7%
Rising Sun-Lebanon84813.7%$303,507.50$299,5551.3%
Brenford10742.9%$302,500$305,000-0.8%
Brookfield42100%$300,500$293,0002.6%
Eagles Nest189100%$299,950$245,00022.4%
Hall Estates113266.7%$295,000$138,000113.8%
Garrison Lake Green1622-27.3%$292,500$292,2500.1%

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