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Tuesday, August 5, 2025

Lebanon home prices fall in 2018

Realestate2

The median sale price of a home sold in 2018 in Lebanon fell by $6,500 while total sales increased by 23.6%, according to BlockShopper.com.

From January through December of 2018, there were 89 homes sold, with a median sale price of $117,000 - a 5.3% decrease over the $123,500 median sale price for the previous year. There were 72 homes sold in Lebanon in 2017.

The median sales tax in Lebanon for the most recent year with available data, 2016, was $2,781, approximately 2.4% of the median home sale price for 2018.

The following table compares Lebanon to other St. Clair County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Freeburg78754%$158,000$142,50010.9%
Swansea2322205.5%$154,050$159,500-3.4%
Millstadt7080-12.5%$152,500$162,000-5.9%
Briar Hill1013-23.1%$151,000$113,50033%
Fairview Heights3373224.7%$117,000$114,0002.6%
Lebanon897223.6%$117,000$123,500-5.3%
Collinsville5478-30.8%$96,250$115,250-16.5%
Belleville1,2291,1784.3%$94,000$88,7505.9%
New Athens33323.1%$80,000$61,25030.6%
Dupo895078%$79,000$70,00012.9%
Caseyville1041013%$78,500$65,00020.8%

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