The median sale price of a home sold in August 2021 in Lebanon rose by $7,000 while total sales decreased by 14.9%, according to BlockShopper.com.
In August 2021, there were 57 homes sold, with a median sale price of $250,000 - a 2.9% increase over the $243,000 median sale price for the same period of the previous year. There were 67 homes sold in Lebanon in August 2020.
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 August 2021.
The following table compares Lebanon to other Warren County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Springboro | 52 | 45 | 15.6% | $335,000 | $308,000 | 8.8% |
| Mason | 65 | 76 | -14.5% | $300,000 | $277,000 | 8.3% |
| Morrow | 24 | 28 | -14.3% | $298,700 | $247,000 | 20.9% |
| Blanchester | 2 | 2 | 0% | $296,650 | $226,000 | 31.3% |
| Landen | 27 | 27 | 0% | $270,000 | $265,000 | 1.9% |
| Lebanon | 57 | 67 | -14.9% | $250,000 | $243,000 | 2.9% |
| Carlisle | 6 | 7 | -14.3% | $213,000 | $175,000 | 21.7% |
| Loveland Park | 3 | 3 | 0% | $201,000 | $240,000 | -16.3% |
| Hunter | 3 | 1 | 200% | $195,000 | $91,000 | 114.3% |
| Franklin | 35 | 43 | -18.6% | $169,900 | $147,000 | 15.6% |
| Clarksville | 1 | 0 | - | $146,800 | $0 | - |
Alerts Sign-up