Housing in Lebanon, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$298,333
Median List Price
$255,000
Price Per Sq Ft
$157
Days on Market
83
Active Inventory
4
Months of Supply
2.0
Seller's market
Zillow Home Value
$165,296
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
50.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
97.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$157
Median List $/SF
$93
Lebanon vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lebanon is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$146,600
Median Rent
$1,125
Total Housing Units
2,028
Vacancy Rate
17.3%
Owner Occupied
58.9%
Renter Occupied
41.1%
Median Property Tax
$3,391
per year
Monthly Cost (w/ Mortgage)
$1,188
Housing Types
The current median sale price in Lebanon, IL is $298,333 according to Redfin data. Homes spend a median of 83 days on the market. 50.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $157. The median rent is $1,125 per month (Census ACS). About 58.9% of housing units are owner-occupied. The median year homes were built is 1995. There are 2,028 total housing units.