Brokers — List your Company Here
Featured local agent — Lebanon, IN
Sarah Mitchell
Compass Real Estate · Lebanon, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Lebanon, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$283,000median sale price
How is the Lebanon, IN housing market right now?
The median home sale price in Lebanon, IN is $283,000, up 1.8% year-over-year. Homes sell in an average of 13 days with 44 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lebanon a buyer's or seller's market?
Lebanon, IN is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
26
Last 12 weeks
Days on market
13
Fast-moving
Active listings
44
1.7 months supply
Sale-to-list
97.5%
Below asking
What does the Lebanon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $283,000 |
| Median list price | $287,500 |
| Year-over-year price change | +1.8% |
| Average days on market | 13 days |
| Active inventory | 44 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 97.5% |
| Median price per sq ft | $164/sq ft |
| Homes sold (latest month) | 26 |
| New listings (latest month) | 32 |
| Listings with a price cut | 43.2% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lebanon by property type?
How the Lebanon, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $283,000 | $164/sq ft | 26 | 13 days |
| Condo / Co-op | $205,500 | $149/sq ft | 1 | 83 days |
Source: Redfin · Updated monthly
The Lebanon housing market is currently classified as a strong seller's market with a median sale price of $283,000. Prices have risen 1.8% compared to last year, with homes spending an average of 13 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Lebanon
There are currently 44 homes listed for sale in Lebanon, Indiana. The median listing price is $288K.
Active listings
44
Homes on market
Median list price
$288K
Avg. days on market
13
Days until sale
New this week
32
Newly listed
Who lives in Lebanon?
Population
17,575
Median income
$63,773/yr
Median age
33.7 years
Owner-occupied
68.9%
College grads
22.9%
Avg commute
21.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Lebanon?
Zillow home value
$304,989
Zillow rent index
$1,776/mo
Price-to-rent ratio
14.3x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Lebanon?
Lebanon is a community of approximately 18K residents with a median age of 33.7 years.The median household income is $63,773, which represents a working-class community with solid middle-income opportunities. 22.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lebanon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lebanon?
6 schools tracked · 3,593 students
The largest public schools serving Lebanon, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lebanon Senior High School
Grades 9-12 · 1,038 students
Lebanon Middle School
Grades 6-8 · 834 students
Harney Elementary School
Grades PK-5 · 532 students
Perry Worth Elementary School
Grades K-5 · 526 students
Hattie B Stokes Elementary School
Grades K-5 · 362 students
Central Elementary School
Grades K-5 · 301 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lebanon, IN?
Want a head-to-head view? Compare Lebanon side-by-side with any other U.S. city using our market-comparison tool.
Is Lebanon a good real estate investment market?
For investors evaluating Lebanon, the price-to-rent ratio of 14.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 1.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lebanon's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lebanon's median home price.
Frequently asked questions
What is the average home price in Lebanon?
The median home sale price in Lebanon is $283,000, up 1.8% from last year.
How long do homes stay on market in Lebanon?
Homes typically spend 13 days on market before going under contract.
What is the median income in Lebanon?
The median household income is $63,773 per year.
Is Lebanon a buyer's or seller's market?
With 1.7 months of supply, Lebanon is currently a strong seller's market.
What is the Zillow home value estimate for Lebanon?
The Zillow Home Value Index (ZHVI) for Lebanon is $304,989, representing the typical home value in the area.
What is the median condo price in Lebanon?
The median condo/co-op sale price in Lebanon, IN is $205,500, compared to $283,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lebanon?
The median single-family home price in Lebanon, IN is $283,000 (about $164 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Lebanon, IN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Lebanon market alerts
Weekly updates on prices, inventory, and trends. Free forever.