$1.8M  
With two homes sold in the Rising Sun-Lebanon market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with two new listings for buyers to choose from. The median sales price rose to $269,800 over the latest reporting period for Rising Sun-Lebanon, up from $254,300. With no movement in sales and the availability of 15 months of inventory, Rising Sun-Lebanon is a solid buyer's market.
Comments:

Rising Sun-Lebanon has a population that is much older than most in Delaware with a median age of 32 years. Also, it's somewhat affluent with a median income of $55,843 per household. Rising Sun-Lebanon is an area where most people own their homes, with an ownership ratio of 57.3%. The top schools in the city are Star Hill Elementary School and F. Niel Postlethwait Middle School.
Comments:

$295K  
The Rising Sun-Lebanon market remained sluggish with two homes sold in the last 30 days, a 50.0% sales drop. On the other hand, close-by Dover registered 49 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $254,300, down from last week's $259,800. Rising Sun-Lebanon is a definite buyer's market, thanks to a big 15 months of inventory to choose from and a pullback in sales.
Comments:

$1.8M  
Sales in the Rising Sun-Lebanon market fell to four homes sold over the last 30 days, while the number of sellers reducing their list prices reached 11, which continues a confirmed upward trend in price reductions. While price reduction numbers rose, sale prices climbed as well. This week's reported median sales price of $259,800 continued a four-week upswing. Rising Sun-Lebanon is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$344K  
The Rising Sun-Lebanon market pulled back this week but was still better than normal as sales sank 25.0% to six homes sold over the last 30 days. On the other hand, close-by Dover registered 43 homes sold in the same time frame, the most of all surrounding cities. Months of inventory were further reduced to four, extending a downward trend to four weeks.
Comments:

$1.8M  
The Rising Sun-Lebanon market saw sales decline 11.1% this week but it is currently in the midst of an emerging upward sales trend, including eight homes sold over the last 30 days. The median sales price dropped to $244,500, potentially helping to offset the four months of inventory left to be sold.
Comments:

$295K  
The number of home sales in the Rising Sun-Lebanon market climbed 12.5% to nine homes over the last 30 days, above the 4.1 monthly average. To put it in perspective, close-by Dover registered 34 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $250,000, down from last week's $287,500. With just three months of inventory available and sales going up, Rising Sun-Lebanon is a seller's market.
Comments:

Rising Sun-Lebanon is a larger than average city in Delaware with 3,391 residents. Also, it has seen a 54.5% increase in population over the last 10 years. Detached homes account for 100% of the area's current housing market. Leading the list of best schools in the city are Star Hill Elementary School and F. Niel Postlethwait Middle School.
Comments:

$1.8M  
The Rising Sun-Lebanon market pulled back this week but was still better than normal as sales dropped 12.5% to seven homes sold over the last 30 days. Meanwhile, close-by Dover reported 35 homes sales, the highest number from all the surrounding cities. Potential buyers should take note that the median sales price in Rising Sun-Lebanon jumped to $325,000 and that there are four months of inventory still available.
Comments:

$359K  
The Rising Sun-Lebanon market saw sales remain steady this week at seven homes sold over the last 30 days, while it undergoes a budding downward trend in price reductions, with five in the same time frame. The median sales price in Rising Sun-Lebanon rose to $280,900 while months of inventory was flat at four.
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RE/MAX Horizons Inc
Snapped 1 home in this area
RE/MAX Horizons Inc
Snapped 1 home in this area

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