The Lebanon, IN housing market is a strong buyer's market, scoring 28 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 122 homes for sale and 4.7 months of supply. Homes in Lebanon, IN sold for a median of $343,950, up 8.2% from the prior month, or $169 per square foot. The average sale price in Lebanon, IN was $402,000, above the median because a few high-priced homes pull the average up. The typical home goes under contract in 48 days, sales close at 99.5% of asking price and 18.2% of homes sell above list. 36.9% of active Lebanon, IN listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-10-07 and are based on 27 recorded sales and 122 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 916 S Outer Dr, Lebanon | 3/1,276 | $247,500 | 2026-10-07 |
| 1506 Jaques Dr, Lebanon | 3/925 | $214,000 | 2026-10-06 |
| 723 Henry St, Lebanon | 4/1,960 | $296,000 | 2026-10-02 |
| 1530 W 800 Rd N, Lebanon | 4/2,712 | $480,000 | 2026-10-02 |
| 2013 Yosemite Dr, Lebanon | 3/1,400 | $265,000 | 2026-10-02 |
| 929 Angilee Way, Lebanon | 4/2,346 | $355,000 | 2026-09-30 |
| 1214 Meadow Ln, Lebanon | 3/1,058 | $169,900 | 2026-09-30 |
| 2614 Red Admiral Ln, Lebanon | 3/1,608 | $340,000 | 2026-09-30 |
Lebanon, IN is currently a strong buyer's market, at 28 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 4.7 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Lebanon, IN sold for $343,950 over the last 30 days. That is up 8.2% from the month before.
The average sale price in Lebanon, IN was $402,000, above the median because a few high-priced homes pull the average up. The median ($343,950) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Lebanon, IN take a median of 48 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 48 days is worth a second look on price.
Homes in Lebanon, IN close at a median of 99.5% of their asking price, and 18.2% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 122 homes actively for sale in Lebanon, IN, about 4.7 months of supply at the current sales pace.