The median sale price of a home sold in April in Lebanon fell by $60,700 while total sales increased by 83.3 percent, according to BlockShopper.com.
In April, there were 11 homes sold, with a median sale price of $131,250 - a 31.6 percent decrease from the $191,950 median sale price for the same period of the previous year. There were six homes sold in Lebanon in April 2021.
The median sales tax in Lebanon for the most recent year with available data, 2019, was $2,939, approximately 2.2 percent of the median home sale price for April.
The following table compares Lebanon to other St. Clair County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Millstadt | 7 | 3 | 133.3 | $200,000 | $215,000 | -7 |
| Fairview Heights | 27 | 32 | -15.6 | $162,000 | $125,750 | 28.8 |
| New Athens | 5 | 3 | 66.7 | $150,000 | $61,445 | 144.1 |
| Collinsville | 9 | 4 | 125 | $140,000 | $97,600 | 43.4 |
| Belleville | 109 | 116 | -6 | $133,500 | $108,500 | 23 |
| Lebanon | 11 | 6 | 83.3 | $131,250 | $191,950 | -31.6 |
| Oak Hills | 1 | 1 | 0 | $125,000 | $137,500 | -9.1 |
| Dupo | 8 | 6 | 33.3 | $99,500 | $128,750 | -22.7 |
| Miller | 1 | 1 | 0 | $90,800 | $253,400 | -64.2 |
| Caseyville | 8 | 7 | 14.3 | $90,000 | $125,050 | -28 |
| Marissa | 6 | 2 | 200 | $87,900 | $42,010 | 109.2 |
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