From July through December of 2021, there were 41 homes sold, with a median sale price of $140,000 - a 14.8% decrease over the $164,350 median sale price for the same period of the previous year. There were 50 homes sold in Lebanon in the second half of 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 the second half of 2021.
The following table compares Lebanon to other St. Clair County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Swansea | 157 | 184 | -14.7% | $175,000 | $178,250 | -1.8% |
| Oak Hills | 5 | 2 | 150% | $172,500 | $66,000 | 161.4% |
| Freeburg | 46 | 54 | -14.8% | $169,000 | $190,000 | -11.1% |
| Collinsville | 56 | 36 | 55.6% | $147,500 | $141,500 | 4.2% |
| Fairview Heights | 208 | 222 | -6.3% | $145,000 | $128,750 | 12.6% |
| Lebanon | 41 | 50 | -18% | $140,000 | $164,350 | -14.8% |
| Belleville | 907 | 793 | 14.4% | $130,250 | $117,500 | 10.9% |
| Dupo | 41 | 53 | -22.6% | $130,000 | $95,000 | 36.8% |
| Caseyville | 55 | 62 | -11.3% | $90,000 | $91,450 | -1.6% |
| New Athens | 23 | 23 | 0% | $75,000 | $90,000 | -16.7% |
| Crest Hill | 12 | 8 | 50% | $68,500 | $51,505 | 33% |
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