Lebanon home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Lebanon rose by $20,000 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In October 2020, there were six homes sold, with a median sale price of $129,000 - a 18.3% increase over the $109,000 median sale price for the same period of the previous year. There were six homes sold in Lebanon in October 2019, as well.

The median sales tax in Lebanon for the most recent year with available data, 2018, was $2,860, approximately 2.2% of the median home sale price for October 2020.

The following table compares Lebanon to other St. Clair County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Fairview Heights392277.3%$140,000$140,375.60-0.3%
Oak Hills10-$92,000$0-
New Athens4333.3%$83,750$120,000-30.2%

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