The median sale price of a home sold in 2021 in Lebanon rose by $9,500 while total sales decreased by 3.5%, according to BlockShopper.com.
From January through December of 2021, there were 83 homes sold, with a median sale price of $140,000 – a 7.3% increase over the $130,500 median sale price for the previous year. There were 86 homes sold in Lebanon in 2020.
The median sales tax in Lebanon for the most recent year with available data, 2019, was $2,939, approximately 2.1% of the median home sale price for 2021.
The following table compares Lebanon to other St. Clair County cities with similar median sale prices in 2021:
| City | Jan. – Dec. 2021 Home Sales | Jan. – Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. – Dec. 2021 Median Sales Price | Jan. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Briar Hill | 9 | 16 | -43.8% | $210,000 | $158,500 | 32.5% |
| Millstadt | 79 | 73 | 8.2% | $198,000 | $200,000 | -1% |
| Mascoutah | 204 | 188 | 8.5% | $190,700 | $175,500 | 8.7% |
| Swansea | 321 | 303 | 5.9% | $182,900 | $182,000 | 0.5% |
| Freeburg | 91 | 81 | 12.3% | $160,000 | $177,500 | -9.9% |
| Lebanon | 83 | 86 | -3.5% | $140,000 | $130,500 | 7.3% |
| Fairview Heights | 384 | 359 | 7% | $140,000 | $130,000 | 7.7% |
| Oak Hills | 9 | 5 | 80% | $137,500 | $40,000 | 243.8% |
| Collinsville | 86 | 66 | 30.3% | $132,500 | $110,750 | 19.6% |
| Belleville | 1,614 | 1,381 | 16.9% | $123,250 | $111,235 | 10.8% |
| St. Libory | 6 | 5 | 20% | $122,500 | $90,000 | 36.1% |
