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Kent County Today

Tuesday, November 5, 2024

Rising Sun-Lebanon home prices rose in June 2021

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The median sale price of a home sold in June 2021 in Rising Sun-Lebanon rose by $71,685 while total sales increased by 25%, according to BlockShopper.com.

In June 2021, there were five homes sold, with a median sale price of $375,000 - a 23.6% increase over the $303,315 median sale price for the same period of the previous year. There were four homes sold in Rising Sun-Lebanon in June 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 June 2021.

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

CityJune 2021 Home SalesJune 2020 Home Sales% change (Total Home Sales)June 2021 Median Sales PriceJune 2020 Median Sales Price% change (Median Sales Price)
Houston15-80%$435,000$176,500146.5%
Hickory Ridge10-$425,000$0-
Ryans Run10-$420,000$0-
Riverview63100%$390,000$235,00066%
Church Creek21100%$377,500$250,00051%
Rising Sun-Lebanon5425%$375,000$303,31523.6%
Magnolia27258%$370,000$300,00023.3%
Pennwood110%$360,000$296,90021.3%
Village at Chestnut Ridge110%$359,900$350,4752.7%
Highland Acres67-14.3%$352,500$235,00050%
Woodfield12-50%$345,000$261,00032.2%

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