Quantcast

Kent County Today

Thursday, November 7, 2024

Rising Sun-Lebanon median home prices rose by 9% in the first quarter of 2021

Re 4

The median sale price of a home sold in the first quarter of 2021 in Rising Sun-Lebanon rose by $27,270 while total sales increased by 66.7%, according to BlockShopper.com.

From January through March of 2021, there were 30 homes sold, with a median sale price of $331,640 - a 9% increase over the $304,370 median sale price for the same period of the previous year. There were 18 homes sold in Rising Sun-Lebanon in the first quarter of 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 the first quarter of 2021.

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

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Bowers110%$365,000$220,00065.9%
Magnolia433813.2%$354,059$275,00028.7%
Hall Estates13-66.7%$348,549$239,90045.3%
Brookfield10-$340,000$0-
Bishops Corner12-50%$335,000$203,55364.6%
Rising Sun-Lebanon301866.7%$331,640$304,3709%
Garrison Lake Green24-50%$320,500$313,5002.2%
Riverview121020%$317,500$262,51920.9%
Dogwood Meadows23-33.3%$317,038.50$293,3488.1%
Brenford110%$316,500$289,9009.2%
Cheswold41300%$314,250$274,90014.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

MORE NEWS