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Friday, April 26, 2024

Lebanon home prices rise in 2019

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The median sale price of a home sold in 2019 in Lebanon rose by $24,644 while total sales decreased by 2.2%, according to BlockShopper.com.

From January through December of 2019, there were 87 homes sold, with a median sale price of $141,644 - a 21.1% increase over the $117,000 median sale price for the previous year. There were 89 homes sold in Lebanon in 2018.

The median sales tax in Lebanon for the most recent year with available data, 2018, was $2,860, approximately 2% of the median home sale price for 2019.

The following table compares Lebanon to other St. Clair County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Miller910-10%$192,000$186,0003.2%
Freeburg6278-20.5%$189,000$158,00019.6%
Mascoutah182187-2.7%$184,250$166,00011%
Swansea2322320%$169,900$154,05010.3%
Millstadt6470-8.6%$159,000$152,5004.3%
Lebanon8789-2.2%$141,644$117,00021.1%
St. Libory11757.1%$130,000$160,000-18.8%
Fairview Heights309337-8.3%$130,000$117,00011.1%
Briar Hill131030%$122,500$151,000-18.9%
Collinsville655420.4%$119,900$96,25024.6%
New Athens2633-21.2%$110,000$80,00037.5%

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