Housing in Lebanon, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$239,250

Median List Price

$295,000

Price Per Sq Ft

$188

Days on Market

23

Active Inventory

58

Months of Supply

7.3

Buyer's market

Zillow Home Value

$287,793

ZHVI — January 2026

Zillow Rent Index

$1,572

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.9%List Price 13.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

21.1%

Sale-to-List Ratio

99.7%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
21.1%
Listings with Price Drops
20.7%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

21

Pending Sales

19

Homes Sold 69.2%New Listings 16.0%Pending 32.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$188

Median List $/SF

$171

Sale $/SF 18.2%List $/SF 12.5%Mar 24Jan 26

Lebanon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 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

$179,200

Median Rent

$900

Total Housing Units

7,517

Vacancy Rate

3.0%

Owner Occupied

68.9%

Renter Occupied

31.1%

Median Property Tax

$1,299

per year

Monthly Cost (w/ Mortgage)

$1,073

Housing Types

Single Family
73.0%
Multi-Family
20.4%
Mobile Home
6.5%

The current median sale price in Lebanon, IN is $239,250 according to Redfin data. Homes spend a median of 23 days on the market. 12.5% of homes sold above asking price. The market has 7.3 months of supply. The median price per square foot is $188. Zillow's observed rent index is $1,572/month. About 68.9% of housing units are owner-occupied. The median year homes were built is 1975. There are 7,517 total housing units.