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Housing in Lebanon

260 homes sold in Lebanon in the last year, at a typical $341K

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
260
October 2025 to September 2026
Typical sale price
$341K
houses $349K · condos $234K (year to May 2026)
Price per square foot
$192
Ohio $164
Paid vs. asking
98.4%
22% sold over asking
For sale now
56
September 2026 · 25 sold that month
What sold · last 12 months

5% of Lebanon’s sales are condos, at $115K less than a house

230 houses and 12 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$349K

typical sale · 230 sold in the year to May 2026

Per square foot
$190OH $165
Days to sell
51
Sold over asking
23%
Listings with a price cut
25%
Condos$234K

typical sale · 12 sold in the year to May 2026

Per square foot
$204OH $172
Days to sell
73
Sold over asking
0%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 16 sold, typical $366K
Townhouses: 4 sold, typical $229K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

260 sales in the last year, against 373 in 2021 and a low of 205 in 2023. The typical sale went from $173K in 2016 to $341K.

Homes soldTypical sale price
0100200300400$175K$250K$325K$400K2012: 320 sold, typical $133K’122013: 348 sold, typical $147K2014: 295 sold, typical $152K’142015: 317 sold, typical $166K2016: 344 sold, typical $173K’162017: 308 sold, typical $187K2018: 334 sold, typical $197K’182019: 295 sold, typical $211K2020: 313 sold, typical $224K’202021: 373 sold, typical $247K2022: 330 sold, typical $288K’222023: 205 sold, typical $295K2024: 206 sold, typical $328K’242025: 252 sold, typical $342KLast 12 months: 260 sold, typical $341KNow

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 $350K buys in Lebanon

Houseat $190 a sq ft, year to May 2026
Condoat $204 a sq ft, year to May 2026
The same money in Ohioat $165 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 more common than before the pandemic, 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, 260 sales.

If you’re buying in Lebanon

  • Shop in March. It brings about 30 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Bid near asking. Buyers paid 98.4% of the list price on average; 22% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 35 a month), but June is the most competitive: 31% of June sales close over asking. March offers nearly as much choice with fewer homes bid up (24%). November has the least competition (17%) but only about 20 new listings.

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 21 new listings a month, 18% sold over asking, 63 days to sellJFeb: 20 new listings a month, 18% sold over asking, 56 days to sellFMar: 30 new listings a month, 24% sold over asking, 61 days to sellMApr: 32 new listings a month, 30% sold over asking, 43 days to sellAMay: 33 new listings a month, 27% sold over asking, 44 days to sellMJun: 35 new listings a month, 31% sold over asking, 45 days to sellJJul: 35 new listings a month, 28% sold over asking, 45 days to sellJAug: 30 new listings a month, 27% sold over asking, 47 days to sellASep: 27 new listings a month, 21% sold over asking, 51 days to sellSOct: 25 new listings a month, 19% sold over asking, 53 days to sellONov: 20 new listings a month, 17% sold over asking, 51 days to sellNDec: 13 new listings a month, 21% sold over asking, 54 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Ohio

Lebanon now2017–192021 peakOH now
Sold over askingShare of sales that closed above the list price22%16%41%28%
Gone within two weeksShare of homes under contract within 14 days52%43%66%45%
Price paid vs. askingAverage sale price ÷ list price98.4%97.8%100.2%98.3%
Days to sellMedian days from listing to contract49534245
Supply

53 homes for sale on a typical day

That’s 2.2 times the 2023 low (24), 15% fewer than in 2017–19 and well under 2012’s 166.

2012: 166 for sale’122013: 154 for sale2014: 145 for sale2015: 122 for sale’152016: 92 for sale2017: 68 for sale2018: 60 for sale’182019: 59 for sale2020: 57 for sale2021: 56 for sale’212022: 50 for sale2023: 24 for sale2024: 35 for sale’242025: 54 for saleLast 12 months: 53 for saleNow
Prices by type

Since 2019, houses are up 61%, condos 79%

A house typically sold for $349K in the year to May 2026 (230 sales), a condo for $234K (12).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $152K, 300 salesHouses 2014: $158K, 253 salesHouses 2015: $169K, 293 salesHouses 2016: $182K, 300 salesHouses 2017: $190K, 273 salesHouses 2018: $201K, 301 salesHouses 2019: $216K, 265 salesHouses 2020: $232K, 282 salesHouses 2021: $251K, 329 salesHouses 2022: $286K, 274 salesHouses 2023: $309K, 178 salesHouses 2024: $334K, 175 salesHouses 2025: $350K, 222 salesHouses last 12 months: $349K, 230 salesHouses $349KCondos 2013: $109K, 40 salesCondos 2014: $119K, 27 salesCondos 2015: $118K, 19 salesCondos 2016: $92K, 33 salesCondos 2017: $120K, 22 salesCondos 2018: $139K, 22 salesCondos 2019: $131K, 19 salesCondos 2020: $126K, 19 salesCondos 2021: $211K, 22 salesCondos 2022: $182K, 25 salesCondos 2023: $227K, 15 salesCondos 2024: $268K, 18 salesCondos 2025: $221K, 16 salesCondos last 12 months: $234K, 12 salesCondos $234K

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

Across Ohio

Lebanon ranks 257th of 310 busy Ohio markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lebanon is one of the state’s calmer markets.

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 $2,117 a month

Mortgage
Property tax
Insurance
Rent

Price: Lebanon’s typical sale, last 12 months. Property tax at Lebanon’s 1.2% (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

35

New listings in July

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

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $341K home, about $4,060 a year.

Taxes vs. neighbors
A−

Schools

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

Schools in Lebanon
23 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

Hunter and Monroe 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
Mason498$478K$20628%53
Lebanon260$341K$19222%49
Monroe185$366K$18423%46
South Lebanon90$388K$19024%48
Morrow57$349K$19819%58
Maineville47$400K$21219%62
Hunter47$326K$16518%50

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, OH?

260 homes sold in the year to September 2026 at a typical $341K, $192 a square foot. Houses sold for about $349K, condos for about $234K in the year to May 2026.

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

A seller’s market: 56 homes were for sale in September 2026 and 25 sold, about 2.2 months of supply. Buyers paid 98.4% of asking on average.

When is the best time to buy in Lebanon?

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

How much are property taxes in Lebanon?

About 1.2% of a home’s value a year. On a $341K home that’s near $4,060.

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).