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Kent County Today

Monday, November 4, 2024

Rising Sun-Lebanon home prices rose in May 2021

Realestate4

The median sale price of a home sold in May 2021 in Rising Sun-Lebanon rose by $55,500 while total sales decreased by 60%, according to BlockShopper.com.

In May 2021, there were two homes sold, with a median sale price of $340,500 - a 19.5% increase over the $285,000 median sale price for the same period of the previous year. There were five homes sold in Rising Sun-Lebanon in May 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 May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Brenford10-$410,000$0-
Eagles Nest20-$361,000$0-
Bishops Corner10-$356,000$0-
Magnolia1822-18.2%$354,500$303,45916.8%
Brookfield10-$344,900$0-
Rising Sun-Lebanon25-60%$340,500$285,00019.5%
Hudson Trails110%$330,000$240,00037.5%
Garrison Lake Green3250%$330,000$230,00043.5%
Ryans Run12-50%$330,000$292,50012.8%
Clayton13128.3%$330,000$250,00032%
Felton282133.3%$321,907$218,50047.3%

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