Housing in Lebanon, TN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$434,990

Median List Price

$404,997

Price Per Sq Ft

$198

Days on Market

90

Active Inventory

337

Months of Supply

5.3

Balanced market

Zillow Home Value

$434,103

ZHVI — January 2026

Zillow Rent Index

$1,611

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.5%List Price 1.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

9.4%

Off Market in 2 Weeks

17.6%

Sale-to-List Ratio

97.5%

Buyer's market

Sold Above Asking
9.4%
Under Contract in 2 Wks
17.6%
Listings with Price Drops
18.7%

Market Activity

Source: Redfin

Homes Sold

64

New Listings

98

Pending Sales

68

Homes Sold 48.4%New Listings 24.0%Pending 39.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$198

Median List $/SF

$211

Sale $/SF 3.4%List $/SF 1.4%Mar 24Jan 26

Lebanon vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 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

$359,300

Median Rent

$1,210

Total Housing Units

16,967

Vacancy Rate

6.8%

Owner Occupied

60.2%

Renter Occupied

39.8%

Median Property Tax

$1,899

per year

Monthly Cost (w/ Mortgage)

$1,405

Housing Types

Single Family
66.8%
Multi-Family
30.2%
Mobile Home
3.0%

The current median sale price in Lebanon, TN is $434,990 according to Redfin data. Homes spend a median of 90 days on the market. 9.4% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $198. Zillow's observed rent index is $1,611/month. About 60.2% of housing units are owner-occupied. The median year homes were built is 2001. There are 16,967 total housing units.