The median sale price of a home sold in September 2020 in Lebanon rose by $24,901 while total sales increased by 56.7%, according to BlockShopper.com.
In September 2020, there were 47 homes sold, with a median sale price of $250,000 - a 11.1% increase over the $225,099 median sale price for the same period of the previous year. There were 30 homes sold in Lebanon in September 2019.
The median sales tax in Lebanon for the most recent year with available data, 2018, was $3,293, approximately 1.3% of the median home sale price for September 2020.
The following table compares Lebanon to other Warren County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Springboro | 31 | 44 | -29.5% | $275,000 | $300,500 | -8.5% |
| Blanchester | 1 | 0 | - | $270,000 | $0 | - |
| Waynesville | 21 | 17 | 23.5% | $260,000 | $235,000 | 10.6% |
| Loveland Park | 1 | 0 | - | $256,800 | $0 | - |
| Mason | 72 | 40 | 80% | $253,000 | $242,500 | 4.3% |
| Lebanon | 47 | 30 | 56.7% | $250,000 | $225,099 | 11.1% |
| Landen | 19 | 12 | 58.3% | $250,000 | $224,450 | 11.4% |
| Morrow | 17 | 19 | -10.5% | $242,000 | $209,000 | 15.8% |
| Maineville | 2 | 0 | - | $213,950 | $0 | - |
| Hunter | 2 | 2 | 0% | $188,450 | $227,450 | -17.1% |
| Franklin | 36 | 36 | 0% | $173,000 | $143,500 | 20.6% |
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