Lebanon Housing Market Report March 2025•Wilson County, Tennessee

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Housing Prices in Lebanon, TN

How much do homes in Lebanon, TN cost?

Housing Market Conditions

Is Lebanon, TN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Lebanon is a Seller's Market

Difference Since March 2024

Since last year, Lebanon has remained a Seller's Market.

Insight

Lebanon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$409,197$210/SqFt
+$1,697
0.4%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Lebanon has remained the same since last year.

Summary: The median home sold price in Lebanon was $409,197 in March 2025, up 0.4% from last year, and the median price per square foot was $210.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$109K$225K
+106.4%
2$277K$315K
+13.7%
3$366.4K$359.3K
-1.9%
4$512.3K$483.9K
-5.5%
5$535.7K$500K
-6.7%

Summary: Lebanon housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +106.4%. The home price for 2 bedroom homes increased by +13.7%. The home price for 3 bedroom homes decreased by -1.9%. The home price for 4 bedroom homes decreased by -5.5%. The home price for 5 bedroom homes decreased by -6.7%.

How does Lebanon, TN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Lebanon, TN

Housing supply in Lebanon, TN

How many homes are available in Lebanon, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
644Last MonthMar 2025
5502 months agoFeb 2025
+17.1 %
Change MoMFeb – Mar

Summary: The Lebanon real estate market had 644 homes for sale in Mar 2025, a 17.1 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
115Last MonthMar 2025
952 months agoFeb 2025
+21.1 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
123
+50.0%
23037
+23.3%
3295329
+11.5%
4187223
+19.3%
53652
+44.4%

Summary: Lebanon housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +23.3%. The inventory for 3 bedroom homes increased by +11.5%. The inventory for 4 bedroom homes increased by +19.3%. The inventory for 5 bedroom homes increased by +44.4%.

Asking Price vs. Sold Price

How much do homes in Lebanon, TN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price13 Homes

At Asking Price61 Homes

Under Asking Price41 Homes

Insight

If you're buying a home in Lebanon, expect to pay close to the asking price. 53% of homes here sold near the asking price last month.

Summary: A total of 115 homes were sold or pending in Lebanon in March 2025, up by 21.1% month-over-month. Of the 115 sold homes, 36% were sold under asking, 53% were sold at asking, and and 11% were sold over asking.

Days on Market for Lebanon, TN

How long does it take to sell a home in Lebanon, TN?

Breakdown of Home Sale Times

Under 30 Days80 Homes

30 – 90 Days23 Homes

Over 90 Days10 Homes

Insight

Many homes in Lebanon are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 115 homes were sold in Lebanon; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
26 DaysThis YearMar 2025
38 Days1 year agoMar 2024
-31.3 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Lebanon had an average listing age of 26 days in Mar 2025, down by 31.3% compared to the previous year.

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Newest Listings in Lebanon, TN

What homes are available in Lebanon, TN?

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Nearby markets aren't available for Lebanon, TN

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, Upper Cumberland MLS, Chattanooga MLS / Multiple Listing Service of Chattanooga Inc., and Memphis MLS for the period 04/01/2023 - 04/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 12:48:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Upper Cumberland Board of Realtors. All rights reserved. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Information is for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information deemed to be reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 12:45:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.