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Friday, October 18, 2024

South Lebanon home prices rise in November 2020

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The median sale price of a home sold in November 2020 in South Lebanon rose by $90,928 while total sales increased by 50%, according to BlockShopper.com.

In November 2020, there were six homes sold, with a median sale price of $169,428 - a 115.8% increase over the $78,500 median sale price for the same period of the previous year. There were four homes sold in South Lebanon in November 2019.

The median sales tax in South Lebanon for the most recent year with available data, 2018, was $1,723, approximately 1% of the median home sale price for November 2020.

The following table compares South Lebanon to other Warren County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Pleasant Plain24-50%$273,500$202,912.5034.8%
Landen161323.1%$257,500$237,9008.2%
Waynesville181428.6%$252,250$314,950.50-19.9%
Lebanon3744-15.9%$240,500$220,0009.3%
Mason4547-4.3%$240,000$238,5000.6%
Morrow2128-25%$235,000$243,950-3.7%
Hunter42100%$187,500$121,69054.1%
South Lebanon6450%$169,427.50$78,500115.8%
Carlisle105100%$157,450$155,0001.6%
Harveysburg110%$150,000$219,000-31.5%
Franklin3134-8.8%$145,000$122,95017.9%

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