Lebanon, MO

Buyer's market-28.3% YoY

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

Price drops:16.1%of listings
Sale-to-list:97.5%

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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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