Photo: Greene, A.B. · Public domain238 homes sold in Lebanon in the last year, at a typical $201K
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.
Every place Lebanon homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lebanon.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 97% of Lebanon’s sales, at a typical $199K
238 homes sold in the year to May 2026.
typical sale · 231 sold in 12 months
- Per square foot
- $139MO $163
- Days to sell
- 52
- Sold over asking
- 23%
- Listings with a price cut
- 21%
Multi-family (2–4 units): 7 sold, typical $497K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
238 sales in the last year, against 358 in 2021 and a low of 165 in 2012. The typical sale went from $97K in 2016 to $201K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Lebanon
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.
Bidding wars in Lebanon are more common than before the pandemic, and more homes are 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 May 2026, 238 sales.
If you’re buying in Lebanon
- Shop in April. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (21% over asking).
- Bid near asking. Buyers paid 98.1% of the list price on average; 22% paid over.
- You’ll usually have time. Only 35% of homes go under contract within two weeks; the typical one takes 53 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 17 a month), but May is the most competitive: 28% of May sales close over asking. December has the least competition (17%) but only about 8 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Missouri as a whole
| Lebanon now | 2017–19 | 2021 peak | MO now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 22% | 16% | 30% | 21% |
| Gone within two weeksShare of homes under contract within 14 days | 35% | 0% | 39% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | — | 15% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 98.1% | 96.7% | 97.6% | 98% |
| Days to sellMedian days from listing to contract | 53 | 151 | 39 | 36 |
66 homes for sale on a typical day
That’s 38.6 times the 2012 low (2) and 468% more than in 2017–19.
1 in 5 listings has cut its price
20% in the last year, against — in 2017–19 and 27% across Missouri.
Lebanon ranks 81st of 122 busy Missouri 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 market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lebanon home costs about $1,169 a month
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.
Six things worth knowing
New listings in April
The month with the most choice. February has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $201K home, about $1,440 a year.
Taxes vs. neighborsSchools
The schools grade for Lebanon, from test results, graduation and how much students grow.
Schools in LebanonCheck 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 hazardsLook 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.
Richland sells 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.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lebanon | 238 | $201K | $139 | 22% | 53 |
| Buffalo | 42 | $186K | $139 | 0% | 41 |
| Richland | 32 | $131K | $104 | 22% | 68 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
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, MO?
238 homes sold in the year to May 2026 at a typical $201K, $139 a square foot.
Is Lebanon a buyer’s or seller’s market?
A seller’s market: 73 homes were for sale in May 2026 and 23 sold, about 3.2 months of supply. Buyers paid 98.1% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Lebanon?
April 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 $201K home that’s near $1,440.
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). 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).