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Friday, August 1, 2025

Lebanon home prices rise in June 2018

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The median sale price of a home sold in June 2018 in Lebanon rose by $47,750 while total sales increased by 37.5%, according to BlockShopper.com.

In June 2018, there were 11 homes sold, with a median sale price of $189,000 - a 33.8% increase over the $141,250 median sale price for the same period of the previous year. There were eight homes sold in Lebanon in June 2017.

The median sales tax in Lebanon for the most recent year with available data, 2016, was $2,781, approximately 1.5% of the median home sale price for June 2018.

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

CityJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Millstadt67-14.3%$254,250$129,50096.3%
Shiloh22214.8%$234,000$235,000-0.4%
O'Fallon7983-4.8%$219,999$227,500-3.3%
Mascoutah1821-14.3%$192,000$163,50017.4%
Smithton510-50%$190,000$192,500-1.3%
Lebanon11837.5%$189,000$141,25033.8%
Freeburg124200%$175,000$124,50040.6%
Swansea2029-31%$173,499.50$175,000-0.9%
Miller30-$171,000$0-
Collinsville511-54.5%$125,000$116,0007.8%
Fairview Heights2840-30%$124,850$120,7503.4%

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