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 · $517K Sold · $515K
$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: 134.

Where the market stands

All homes in this report, by status.

1,991homes
Active760 · 38%
Under contract246 · 12%
Sold (6 mo)985 · 49%

Buyer's or seller's market?

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

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

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.01M
Under contract$662K
Sold$529K

Average days on market

Active93 days
Under contract78 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 760
Average list price $1,006,935
Avg. days on market 93 days
Avg. price per ft² $276
Avg. living area 2,443 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.

29 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: 219 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.

195 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
971 Palmer Rd$396
780 Shipper Rd$390
1790 Ben Green Rd$376
7556 Cairo Bnd$372
2650 Callis Rd$368

All active listings (760)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
611 Fairgrounds CtLebanon, TN 37087 431,596$390,000$2441 day
394 Franklin RdLebanon, TN 37087 ———$849,999—1 day
697 Trousdale Ferry PikeLebanon, TN 37087 321,881$539,900$2871 day
394 Franklin RdLebanon, TN 37087 632,776$849,999$3061 day
394 Franklin RdLebanon, TN 37087 ——2,776$849,999$3061 day
419 Eastland AveLebanon, TN 37087 311,483$309,900$2081 day
2503 Westfield DrLebanon, TN 37090 332,802$649,900$2311 day
1830 Bluebird RdLebanon, TN 37087 211,418$360,000$2531 day
121 Rita Blanca DrLebanon, TN 37090 532,511$544,990$2171 day
123 Rita Blanca DrLebanon, TN 37090 431,821$459,990$2521 day
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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.