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Boone County Indiana CourthousePhoto: Paul J Everett · CC BY 2.0
Housing in Lebanon

274 homes sold in Lebanon in the last year, at a typical $282K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lebanon homes are listed.

Homes sold
274
October 2025 to September 2026
Typical sale price
$282K
median, weighted by sales
Price per square foot
$169
Indiana $149
Paid vs. asking
97.8%
14% sold over asking
For sale now
53
September 2026 · 27 sold that month
What sold · last 12 months

Houses are 95% of Lebanon’s sales, at a typical $283K (year to May 2026)

274 homes sold in the year to September 2026.

Houses$283K

typical sale · 247 sold in the year to May 2026

Per square foot
$173IN $148
Days to sell
32
Sold over asking
17%
Listings with a price cut
36%
Fewer sales

Multi-family (2–4 units): 4 sold, typical $256K
Condos: 9 sold, typical $212K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.4 times the 2016 price

274 sales in the last year, against 316 in 2022 and a low of 209 in 2012. The typical sale went from $117K in 2016 to $282K.

Homes soldTypical sale price
087175262350$75K$150K$225K$300K2012: 209 sold, typical $90K’122013: 224 sold, typical $87K2014: 242 sold, typical $102K’142015: 277 sold, typical $114K2016: 300 sold, typical $117K’162017: 304 sold, typical $130K2018: 286 sold, typical $136K’182019: 261 sold, typical $151K2020: 291 sold, typical $171K’202021: 290 sold, typical $186K2022: 316 sold, typical $230K’222023: 215 sold, typical $249K2024: 258 sold, typical $255K’242025: 239 sold, typical $273KLast 12 months: 274 sold, typical $282KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $300K buys in Lebanon

Houseat $173 a sq ft, year to May 2026
The same money in Indianaat $148 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lebanon homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lebanon are back to pre-pandemic levels, with about as many homes for sale

We read every month of Lebanon’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 274 sales.

If you’re buying in Lebanon

  • Shop in September. It brings about 27 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Offer under asking. Buyers paid 97.8% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 31 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 28 a month), but June is the most competitive: 28% of June sales close over asking. September and October offer nearly as much choice with fewer homes bid up (18%). December has the least competition (11%) but only about 13 new listings.

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 18 new listings a month, 17% sold over asking, 45 days to sellJFeb: 18 new listings a month, 16% sold over asking, 54 days to sellFMar: 22 new listings a month, 18% sold over asking, 39 days to sellMApr: 27 new listings a month, 19% sold over asking, 35 days to sellAMay: 28 new listings a month, 25% sold over asking, 21 days to sellMJun: 28 new listings a month, 28% sold over asking, 21 days to sellJJul: 26 new listings a month, 24% sold over asking, 21 days to sellJAug: 26 new listings a month, 26% sold over asking, 19 days to sellASep: 27 new listings a month, 18% sold over asking, 27 days to sellSOct: 26 new listings a month, 21% sold over asking, 33 days to sellONov: 17 new listings a month, 17% sold over asking, 29 days to sellNDec: 13 new listings a month, 11% sold over asking, 33 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Lebanon now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price14%16%38%17%
Gone within two weeksShare of homes under contract within 14 days39%45%68%35%
Price paid vs. askingAverage sale price ÷ list price97.8%97.4%99.5%97.5%
Days to sellMedian days from listing to contract3133638
Supply

50 homes for sale on a typical day

That’s 3.5 times the 2021 low (14), 12% more than in 2017–19 and well under 2013’s 133.

2012: 130 for sale’122013: 133 for sale2014: 118 for sale2015: 88 for sale’152016: 73 for sale2017: 59 for sale2018: 41 for sale’182019: 35 for sale2020: 23 for sale2021: 14 for sale’212022: 28 for sale2023: 24 for sale2024: 27 for sale’242025: 42 for saleLast 12 months: 50 for saleNow
Prices by type

Houses and condos, year by year

A house typically sold for $283K in the year to May 2026 (247 sales), a condo for $212K (9).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $88K, 213 salesHouses 2014: $105K, 231 salesHouses 2015: $115K, 261 salesHouses 2016: $117K, 287 salesHouses 2017: $132K, 282 salesHouses 2018: $138K, 272 salesHouses 2019: $154K, 248 salesHouses 2020: $176K, 272 salesHouses 2021: $188K, 279 salesHouses 2022: $231K, 303 salesHouses 2023: $252K, 206 salesHouses 2024: $259K, 242 salesHouses 2025: $276K, 228 salesHouses last 12 months: $283K, 247 salesHouses $283KCondos 2013: $99K, 5 salesCondos 2014: $90K, 8 salesCondos 2015: $119K, 12 salesCondos 2016: $97K, 8 salesCondos 2017: $118K, 13 salesCondos 2018: $147K, 4 salesCondos 2021: $151K, 4 salesCondos 2022: $156K, 4 salesCondos 2024: $190K, 11 salesCondos 2025: $220K, 8 salesCondos last 12 months: $212K, 9 salesCondos $212K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Indiana

Lebanon ranks 100th of 146 busy Indiana markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lebanon is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lebanon home costs about $1,641 a month

Mortgage
Property tax
Insurance
Rent

Price: Lebanon’s typical sale, last 12 months. Property tax at Lebanon’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lebanon is affordable on local pay is on Cost of living.

Before you buy in Lebanon

Six things worth knowing

28

New listings in May

The month with the most choice. December has the fewest, about 13.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $282K home, about $2,040 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Lebanon, from test results, graduation and how much students grow.

Schools in Lebanon
21 min

Typical commute

The average one-way trip to work for people who live in Lebanon.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Whitestown and Thorntown sell for less a square foot

The busier markets within 25 miles of Lebanon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Westfield1,613$491K$19216%29
Zionsville524$748K$20328%24
Whitestown521$370K$1609%38
Brownsburg490$342K$16817%25
Lebanon274$282K$16914%31
Pittsboro72$323K$17127%16
Thorntown24$280K$12419%18

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lebanon, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lebanon. People who follow the town see it, and so do people comparing Lebanon with their own town. No commission, no listing fee.

Questions about buying a home in Lebanon

What do homes sell for in Lebanon, IN?

274 homes sold in the year to September 2026 at a typical $282K, $169 a square foot.

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

A seller’s market: 53 homes were for sale in September 2026 and 27 sold, about 2 months of supply. Buyers paid 97.8% of asking on average.

When is the best time to buy in Lebanon?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lebanon?

About 0.7% of a home’s value a year. On a $282K home that’s near $2,040.

Where can I see homes for sale in Lebanon?

Zillow, Redfin, Realtor.com and Homes.com all carry Lebanon’s MLS listings; the search links above open each one filtered to Lebanon.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).