The median sale price of a home sold in January 2021 in Lebanon fell by $45,250 while total sales decreased by 71.4%, according to BlockShopper.com.
In January 2021, there were two homes sold, with a median sale price of $39,750 - a 53.2% decrease over the $85,000 median sale price for the same period of the previous year. There were seven homes sold in Lebanon in January 2020.
The median sales tax in Lebanon for the most recent year with available data, 2019, was $2,939, approximately 7.4% of the median home sale price for January 2021.
The following table compares Lebanon to other St. Clair County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Belleville | 88 | 67 | 31.3% | $101,500 | $65,000 | 56.2% |
| Briar Hill | 1 | 1 | 0% | $79,900 | $138,000 | -42.1% |
| Millstadt | 3 | 2 | 50% | $64,000 | $327,500 | -80.5% |
| Marissa | 2 | 4 | -50% | $63,000 | $58,379 | 7.9% |
| New Athens | 3 | 5 | -40% | $59,928 | $65,000 | -7.8% |
| Lebanon | 2 | 7 | -71.4% | $39,750 | $85,000 | -53.2% |
| Cahokia | 19 | 25 | -24% | $30,000 | $27,000 | 11.1% |
| Fairmont City | 1 | 2 | -50% | $16,900 | $70,000 | -75.9% |
| Centreville | 1 | 0 | - | $15,501 | $0 | - |
| East St. Louis | 13 | 2 | 550% | $10,000 | $6,000 | 66.7% |
| Washington Park | 1 | 1 | 0% | $1,500 | $15,879.93 | -90.6% |
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