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Lebanon Southern Pacific Railroad DepotPhoto: 46percent · Public domain
Housing in Lebanon

228 homes sold in Lebanon in the last year, at a typical $373K

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
228
October 2025 to September 2026
Typical sale price
$373K
median, weighted by sales
Price per square foot
$254
Oregon $293
Paid vs. asking
99.5%
37% sold over asking
For sale now
77
September 2026 · 20 sold that month
What sold · last 12 months

Houses are 89% of Lebanon’s sales, at a typical $375K (year to May 2026)

228 homes sold in the year to September 2026.

Houses$375K

typical sale · 203 sold in the year to May 2026

Per square foot
$265OR $296
Days to sell
68
Sold over asking
37%
Listings with a price cut
28%
Fewer sales

Multi-family (2–4 units): 19 sold, typical $505K
Townhouses: 2 sold, typical $332K
Condos: 4 sold, typical $235K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 2.2 times the 2016 price

228 sales in the last year, against 390 in 2018 and a low of 177 in 2012. The typical sale went from $168K in 2016 to $373K.

Homes soldTypical sale price
0100200300400$175K$250K$325K$400K2012: 177 sold, typical $118K’122013: 186 sold, typical $139K2014: 246 sold, typical $144K’142015: 281 sold, typical $157K2016: 375 sold, typical $168K’162017: 354 sold, typical $197K2018: 390 sold, typical $233K’182019: 320 sold, typical $240K2020: 339 sold, typical $266K’202021: 376 sold, typical $327K2022: 275 sold, typical $357K’222023: 204 sold, typical $360K2024: 223 sold, typical $370K’242025: 203 sold, typical $380KLast 12 months: 228 sold, typical $373KNow

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 $265 a sq ft, year to May 2026
The same money in Oregonat $296 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 rarer 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, 228 sales.

If you’re buying in Lebanon

  • Shop in August. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (45% over asking).
  • Bid near asking. Buyers paid 99.5% of the list price on average; 37% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 71 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 40 a month), and the most competition: 53% close over asking. July and August offer nearly as much choice with fewer homes bid up (45%). February has the least competition (33%).

New listings a monthShare sold over asking
01020304020%40%60%Sweet spotJan: 21 new listings a month, 40% sold over asking, 62 days to sellJFeb: 25 new listings a month, 33% sold over asking, 79 days to sellFMar: 30 new listings a month, 45% sold over asking, 65 days to sellMApr: 34 new listings a month, 46% sold over asking, 48 days to sellAMay: 40 new listings a month, 53% sold over asking, 48 days to sellMJun: 34 new listings a month, 47% sold over asking, 47 days to sellJJul: 36 new listings a month, 45% sold over asking, 48 days to sellJAug: 32 new listings a month, 45% sold over asking, 57 days to sellASep: 32 new listings a month, 45% sold over asking, 63 days to sellSOct: 27 new listings a month, 42% sold over asking, 63 days to sellONov: 22 new listings a month, 44% sold over asking, 64 days to sellNDec: 20 new listings a month, 46% sold over asking, 67 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Oregon

Lebanon now2017–192021 peakOR now
Sold over askingShare of sales that closed above the list price37%43%64%23%
Gone within two weeksShare of homes under contract within 14 days22%43%67%31%
Price paid vs. askingAverage sale price ÷ list price99.5%100.3%102.9%98.7%
Days to sellMedian days from listing to contract71564149
Supply

70 homes for sale on a typical day

That’s 1.4 times the 2020 low (51), about the 2017–19 level and well under 2015’s 108.

2012: 84 for sale’122013: 89 for sale2014: 89 for sale2015: 108 for sale’152016: 106 for sale2017: 92 for sale2018: 69 for sale’182019: 68 for sale2020: 51 for sale2021: 62 for sale’212022: 59 for sale2023: 65 for sale2024: 68 for sale’242025: 74 for saleLast 12 months: 70 for saleNow
Prices by type

Since 2019, houses are up 55%, condos 35%

A house typically sold for $375K in the year to May 2026 (203 sales), a condo for $235K (4).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $139K, 176 salesHouses 2014: $140K, 223 salesHouses 2015: $157K, 267 salesHouses 2016: $169K, 360 salesHouses 2017: $198K, 344 salesHouses 2018: $234K, 371 salesHouses 2019: $242K, 306 salesHouses 2020: $268K, 321 salesHouses 2021: $325K, 356 salesHouses 2022: $357K, 250 salesHouses 2023: $364K, 187 salesHouses 2024: $369K, 204 salesHouses 2025: $375K, 185 salesHouses last 12 months: $375K, 203 salesHouses $375KCondos 2014: $97K, 6 salesCondos 2016: $117K, 4 salesCondos 2018: $138K, 6 salesCondos 2019: $175K, 6 salesCondos 2020: $208K, 7 salesCondos 2021: $208K, 5 salesCondos 2022: $230K, 7 salesCondos 2023: $268K, 6 salesCondos 2024: $226K, 4 salesCondos last 12 months: $235K, 4 salesCondos $235K

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

Across Oregon

Lebanon ranks 5th of 116 busy Oregon 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 hottest 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 $2,233 a month

Mortgage
Property tax
Insurance
Rent

Price: Lebanon’s typical sale, last 12 months. Property tax at Lebanon’s 0.9% (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

40

New listings in May

The month with the most choice. December has the fewest, about 20.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $373K home, about $3,450 a year.

Taxes vs. neighbors
B+

Schools

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

Schools in Lebanon
26 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

Brownsville 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.

SoldTypical sale$/sq ftOver askingDays to sell
Albany674$431K$27125%72
Lebanon228$373K$25437%71
Sweet Home149$340K$24835%86
Millersburg40$621K$29928%77
Adair Village40$541K$27113%80
Jefferson34$391K$27339%68
Brownsville29$450K$23736%72

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, OR?

228 homes sold in the year to September 2026 at a typical $373K, $254 a square foot.

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

A seller’s market: 77 homes were for sale in September 2026 and 20 sold, about 3.9 months of supply. Buyers paid 99.5% 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 0.9% of a home’s value a year. On a $373K home that’s near $3,450.

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).