Lebanon, IL

Seller's market-15.7% YoY

Housing market overview · Updated weekly

$227,750median sale price

Homes sold

3

Last 12 weeks

Days on market

288

Average pace

Active listings

4

1.3 months supply

Sale-to-list

100.2%

Above asking

The Lebanon housing market is currently classified as a seller's market with a median sale price of $227,750. Prices have fallen 15.7% compared to last year, with homes spending an average of 288 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lebanon

There are currently 4 homes listed for sale in Lebanon, Illinois. The median listing price is $185K.

Active listings

4

Homes on market

Median list price

$185K

Avg. days on market

288

Days until sale

New this week

7

Newly listed

Price drops:25.0%of listings
Sale-to-list:100.2%

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Frequently asked questions

What is the average home price in Lebanon?

The median home sale price in Lebanon is $227,750, down 15.7% from last year.

How long do homes stay on market in Lebanon?

Homes typically spend 288 days on market before going under contract.

Is Lebanon a buyer's or seller's market?

With 1.3 months of supply, Lebanon is currently a seller's market.

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