Market report, updated

Market Report

Search in the city of Lebanon

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Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 6 months, homes sold for 102.5% of list price in 54 days on average.

Average price, last 12 months

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

List · $512K Sold · $510K
$680K$610K$540K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 192 sales in Aug. Last month: 133.

Where the market stands

All homes in this report, by status.

1,987homes
Active753 · 38%
Under contract240 · 12%
Sold (6 mo)994 · 50%

Buyer's or seller's market?

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

4.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.02M
Under contract$662K
Sold$528K

Average days on market

Active93 days
Under contract79 days
Sold54 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 753
Average list price $1,016,335
Avg. days on market 93 days
Avg. price per ft² $277
Avg. living area 2,435 ft²
Avg. beds / baths 3.5 / 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.

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

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

$1.5M$1M$500K$0

Price vs. living area: 226 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.

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

Highest price per ft²

Top 7 homes among the newest.

1608 Salem Rd$1,777
824 Stonebrook Dr$440
8132 Cairo Bend Rd$417
971 Palmer Rd$396
780 Shipper Rd$390
7556 Cairo Bnd$372
2650 Callis Rd$368

All active listings (753)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
510 Charing Cross DrLebanon, TN 37087 433,004$489,990$1630 days
517 Charing Cross DrLebanon, TN 37087 321,803$419,990$2320 days
514 Charing Cross DrLebanon, TN 37087 452,565$460,990$1790 days
340 Emerald BlvdLebanon, TN 37087 321,435$414,000$2880 days
Central PikeLebanon, TN 37090 ———$499,900—0 days
1037 Sparta PikeLebanon, TN 37087 ———$1,350,000—0 days
1037 Sparta PikeLebanon, TN 37087 ———$1,350,000—0 days
410 Seneca StLebanon, TN 37090 442,042$359,990$1760 days
505 Scarlet Oak RdLebanon, TN 37090 221,581$489,540$3090 days
Dunaway RdLebanon, TN 37090 ———$399,999—1 day
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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.

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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.