The median sale price of a home sold in the fourth quarter of 2021 in Lebanon rose by $22,250 while total sales decreased by 19.2%, according to BlockShopper.com.
From October through December of 2021, there were 21 homes sold, with a median sale price of $140,000 – a 18.9% increase over the $117,750 median sale price for the same period of the previous year. There were 26 homes sold in Lebanon in the fourth quarter 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 fourth quarter of 2021.
The following table compares Lebanon to other St. Clair County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. – Dec. 2021 Home Sales | Oct. – Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2021 Median Sales Price | Oct. – Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Swansea | 75 | 82 | -8.5% | $175,000 | $168,000 | 4.2% |
| Oak Hills | 3 | 1 | 200% | $172,500 | $92,000 | 87.5% |
| Freeburg | 23 | 32 | -28.1% | $168,000 | $190,750 | -11.9% |
| Collinsville | 29 | 13 | 123.1% | $150,000 | $123,400 | 21.6% |
| Fairview Heights | 103 | 112 | -8% | $147,000 | $128,200 | 14.7% |
| Lebanon | 21 | 26 | -19.2% | $140,000 | $117,750 | 18.9% |
| Belleville | 435 | 398 | 9.3% | $130,000 | $115,000 | 13% |
| North Dupo | 1 | 2 | -50% | $122,900 | $11,050 | 1012.2% |
| Dupo | 24 | 32 | -25% | $117,500 | $71,557.50 | 64.2% |
| Caseyville | 19 | 21 | -9.5% | $90,000 | $105,000 | -14.3% |
| New Athens | 15 | 10 | 50% | $80,000 | $91,500 | -12.6% |
