Market report, updated

Market Report

Search in the zip of 37087

Mercer Group LLC logo
Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 6 months, homes sold for 98.4% of list price in 59 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $489K Sold · $481K
$610K$550K$490K$430K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 142 sales in May. Last month: 91.

Where the market stands

All homes in this report, by status.

1,344homes
Active523 · 39%
Under contract159 · 12%
Sold (6 mo)662 · 49%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$774K
Under contract$645K
Sold$517K

Average days on market

Active84 days
Under contract76 days
Sold59 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 523
Average list price $773,614
Avg. days on market 84 days
Avg. price per ft² $236
Avg. living area 2,493 ft²
Avg. beds / baths 3.6 / 3.1

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

25 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 222 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

121 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

824 Stonebrook Dr$440
8132 Cairo Bend Rd$417
780 Shipper Rd$390
7556 Cairo Bnd$372
1466 Berea Church Rd$360
2408 Pleasant View Dr$358
463 N Denny Rd$357

All active listings (523)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
510 Charing Cross DrLebanon, TN 37087 433,004$489,990$1631 day
517 Charing Cross DrLebanon, TN 37087 321,803$419,990$2321 day
514 Charing Cross DrLebanon, TN 37087 452,565$460,990$1791 day
340 Emerald BlvdLebanon, TN 37087 321,435$414,000$2881 day
1037 Sparta PikeLebanon, TN 37087 ———$1,350,000—1 day
1037 Sparta PikeLebanon, TN 37087 ———$1,350,000—1 day
1366 Piercy CtLebanon, TN 37087 321,102$369,900$3350 days
110 Merion WayLebanon, TN 37087 331,836$409,900$2231 day
310 Keaton StLebanon, TN 37087 321,670$444,000$2651 day
714 Pebble Point RdLebanon, TN 37087 332,229$629,900$2823 days
Mercer Group LLC logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mercergrouprealtors.com Mercer Group LLC

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.