Lebanon, MO
Housing market overview · Updated weekly
$186,500median sale price
Homes sold
11
Last 12 weeks
Days on market
75
Average pace
Active listings
62
5.6 months supply
Sale-to-list
97.5%
Below asking
The Lebanon housing market is currently classified as a buyer's market with a median sale price of $186,500. Prices have fallen 28.3% compared to last year, with homes spending an average of 75 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lebanon
There are currently 62 homes listed for sale in Lebanon, Missouri. The median listing price is $238K.
Active listings
62
Homes on market
Median list price
$238K
Avg. days on market
75
Days until sale
New this week
17
Newly listed
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Frequently asked questions
What is the average home price in Lebanon?
The median home sale price in Lebanon is $186,500, down 28.3% from last year.
How long do homes stay on market in Lebanon?
Homes typically spend 75 days on market before going under contract.
Is Lebanon a buyer's or seller's market?
With 5.6 months of supply, Lebanon is currently a buyer's market.
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