Rising Sun is an average-sized city in Maryland with a population of 2,781 residents, and it has a higher than average density compared to the rest of the state, with 2,209.5 people per square mile. Keep in mind, most people in Rising Sun own their homes, with a 51.9% ownership ratio. The top school in the city is Calvert Elementary School.
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$950K  
The Rising Sun market is enjoying an unwavering upward trend, even as sales remained flat at three homes over the last 30 days. Pricing in Rising Sun remains consistent from last week to this week, with the median sales price at $229,900 again. Rising Sun is a definite buyer's market, due to a big nine months of inventory left and aided by the flat sales.
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$950K  
The Rising Sun market slowed with a 40.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 3.5 monthly average with three homes sold. Meanwhile, close-by Newark reported 24 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $229,900, up from last week's $209,500. Rising Sun is a definite buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
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$182K  
The Rising Sun market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at four. Pricing in Rising Sun remains consistent from last week to this week, with the median sales price at $209,000 again. With no movement in sales and the availability of nine months of inventory, Rising Sun is a definite buyer's market.
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$475K  
The Rising Sun market broke below its 12-month average sales volume this week as sales slid 25.0% to hit three homes sold over the last 30 days. In comparison, nearby Havre de Grace had 21 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $209,000 over the latest reporting period for Rising Sun, up from $192,500. Rising Sun is a definite buyer's market, thanks to a big nine months of inventory to choose from and a pullback in sales.
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Rising Sun has a cost of living adjustment score of 119.0, which is average when compared to others in Maryland. Also, the area is considered somewhat affluent with a median income of $61,590 per household. Rising Sun is made up of homes that are relatively old with a median of 28 years. Topping the list of best schools in the city is Calvert Elementary School.
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$109K  
The Rising Sun market seems to be softening, as the number of contracts executed fell to one, the lowest levels since January. Meanwhile sales came in at four homes sold over the last 30 days. During the same time frame, Elkton had the most of any other neighboring municipalities with 35 contracts executed. While contracts numbers were weak, the median sales price of those homes came in at $192,500, which extended a downward swing in price to four weeks. Rising Sun is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of seven months of remaining inventory.
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$950K  
The number of homes coming into the Rising Sun market stayed firm with 12 listings over the last 30 days, while sales remained right where they were as once again two homes were sold over the same period. Months of inventory continued a steady rise, trending upwards for four weeks to reach 14 months. With decreasing sales and the availability of so much inventory, Rising Sun is a strong buyer's market.
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$324K  
With a recent upward trend of new sellers listing homes, including 12 over the last 30 days, and sales that have risen to two in that same time frame, the Rising Sun market will be more intense. The median sales price dropped to $144,000 over the latest reporting period for Rising Sun, down from $176,000. Rising Sun is still a definite buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
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$325K  
The Rising Sun market saw sales remain flat this week with one home sold over the last 30 days, while new listings shot up to 13. Potential buyers should note that prices went up in Rising Sun, with the median for this period rising from $110,200 to $176,000. Along with flat sales, a relatively high 22 months of inventory indicates that Rising Sun is a solid buyer's market.
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