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Kent County Today

Wednesday, November 6, 2024

February 2021: Home prices in Rising Sun-Lebanon increased

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The median sale price of a home sold in February 2021 in Rising Sun-Lebanon rose by $66,878 while total sales decreased by 42.9%, according to BlockShopper.com.

In February 2021, there were four homes sold, with a median sale price of $365,378 - a 22.4% increase over the $298,500 median sale price for the same period of the previous year. There were seven homes sold in Rising Sun-Lebanon in February 2020.

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 February 2021.

The following table compares Rising Sun-Lebanon to other Kent County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Quails Nest21100%$469,412.50$215,000118.3%
Pennwood10-$427,900$0-
Cedarbrook Acres12-50%$400,000$214,50086.5%
Rising Sun-Lebanon47-42.9%$365,378$298,50022.4%
Magnolia1015-33.3%$351,930.50$265,00032.8%
Star Hill10-$350,000$0-
Foxhall Courtside330%$344,470$325,0006%
Ryans Run10-$315,000$0-
Cheswold10-$315,000$0-
Hartly56-16.7%$310,000$222,174.5039.5%
Camden42100%$290,000$177,27063.6%

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