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Monday, July 14, 2025

Lebanon home prices fall in February 2017

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The median sale price of a home sold in February 2017 in Lebanon fell by $109,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In February 2017, there were five homes sold, with a median sale price of $91,000 - a 54.5% decrease over the $200,000 median sale price for the same period of the previous year. There were seven homes sold in Lebanon in February 2016.

The median sales tax in Lebanon for the most recent year with available data, 2016, was $2,781, approximately 3.1% of the median home sale price for February 2017.

The following table compares Lebanon to other St. Clair County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Swansea1015-33.3%$150,250$140,0007.3%
Smithton8560%$145,750$163,000-10.6%
O'Fallon2533-24.2%$134,000$175,000-23.4%
Millstadt63100%$112,500$125,000-10%
Collinsville42100%$112,250$73,25053.2%
Lebanon57-28.6%$91,000$200,000-54.5%
Fairview Heights1721-19%$79,000$78,5000.6%
Marissa330%$72,000$45,00060%
Summerfield10-$70,000$0-
Belleville72669.1%$64,500$82,500-21.8%
North Dupo12-50%$61,500$45,00036.7%

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