Lebanon, OR Housing Market: Prices, Inventory & Forecast

Updated housing market forecast with median home price, inventory pressure, selling speed, and buyer timing insights

Data through May 2026 · Source: Redfin market data

$364K

Median Sale Price

48

Days on Market

3.0

Months of Supply

-4.6%

YoY Change

Balanced Market

Market Type

How Long to Sell Find Local Agents

Lebanon is a Balanced Market

Market conditions in Lebanon favor neither buyers nor sellers significantly.

Quick market answer

Is Lebanon, OR a good housing market for buyers right now?

Lebanon is currently a balanced market with a median sale price of $364K, homes taking about 48 days to sell, and 3.0 months of supply. Buyers and sellers should watch new listings, price cuts, and days on market because leverage can shift quickly in a balanced market.

Market Dashboard

Detailed Market Statistics

Price Statistics

Median Sale Price $364K
Median List Price $393K
Price per Sq Ft $256
YoY Price Change -4.6%

Sales Activity

Homes Sold (Monthly) 20
New Listings 32
Pending Sales 24
Sale-to-List Ratio 99.4%

Inventory & Timing

Active Inventory 59
Months of Supply 3.0
Days on Market 48 days
Sold Above List 45%

Best Time to Buy in Lebanon

Best Month to Buy

Feb

Typically lowest prices

Most Expensive Month

Sep

Peak pricing period

Seasonal Pattern

Winter is cheapest

How Long It Takes to Sell in Lebanon

Current DOM

48

days

Average DOM

64

days

Fastest

28

days

Slowest

144

days

Homes are currently selling at a normal pace in Lebanon.

View detailed selling time analysis →

Lebanon, OR Real Estate Market Analysis

The Lebanon housing market is currently characterized as a balanced market. With a median sale price of $364K and homes spending an average of 48 days on the market, conditions are relatively balanced between buyers and sellers.

Lebanon Median Home Price in 2026

The median home price in Lebanon, OR is currently $364K. Buyers can use that number as a quick benchmark for affordability, while sellers can use it to sense-check list price expectations. For better context, compare this figure with inventory levels, sale-to-list ratio, and neighborhood-level demand before making a move.

Lebanon Days on Market in 2026

Homes in Lebanon are averaging 48 days on market. That metric helps show whether listings are moving quickly or sitting long enough for buyers to negotiate. If median days on market starts falling while inventory stays tight, sellers usually gain more leverage.

Is Lebanon a Good Place to Buy a House in 2026?

Buyers should compare current pricing, inventory, and seasonal trends before making an offer. The seasonal pattern above shows which months typically have the lowest prices. Sellers should also review our how long homes take to sell in Lebanon analysis.

What to Expect When Buying in Lebanon

The balanced market conditions mean you can take a measured approach to buying, though well-priced homes will still attract multiple offers.

Should You Buy, Sell, or Wait in Lebanon?

If you are buying, watch months of supply, price cuts, and how often homes sell above list. If you are selling, focus on pricing strategy and median days on market. In a fast market, buying sooner may protect you from higher prices. In a slower market, waiting can give you more leverage and more choices.

Selling Your Home in Lebanon

Homes in Lebanon are selling at 99.4% of their list price on average. Approximately 45% of homes sell above asking price. The typical time to sell is 48 days from listing to closing. Check current real estate commission rates in Oregon to understand your selling costs.

Useful Next Steps

For deeper timing data, review our how long it takes to sell in Lebanon report. If you want boots-on-the-ground advice, connect with a local real estate agent who knows the Lebanon market block by block.

Lebanon, OR Housing Market Forecast & Predictions

Based on current trends, here is our data-driven outlook for the Lebanon real estate market heading into 2027.

Price Forecast

A 4.6% decline signals a significant correction. Buyers may find better deals as sellers adjust expectations.

Inventory Outlook

With 3.0 months of supply, the market is approaching balance. Neither buyers nor sellers hold a decisive advantage.

Selling Speed

At 48 days on market, homes sell at a moderate pace. Proper pricing and staging remain essential for quick sales.

Bottom line: The Lebanon market is balanced. Both buyers and sellers benefit from having a skilled local real estate agent to navigate current conditions. Find a Lebanon real estate agent to get personalized market advice.

You can also compare nearby markets, review monthly price trends, and track days on market to spot when negotiating power is shifting. Those signals often matter just as much as headline median prices.

Frequently Asked Questions About Lebanon Real Estate

Is Lebanon, OR a good place to buy a house in 2026?

Lebanon, Oregon has a active with steady buyer interest real estate market in 2026. The median home price is $364K. Homes typically sell in 48 days. Working with a local agent helps you navigate the market and find the best opportunities.

How much does a house cost in Lebanon, OR?

The median home price in Lebanon, Oregon is $364K as of 2026. A local real estate agent can help you find homes within your budget and identify upcoming listings.

How long does it take to sell a house in Lebanon, OR?

Houses in Lebanon, Oregon typically sell in 48 days on average. Market conditions favor strategic pricing and professional marketing. A top local agent can help sell your home faster and for the best price.

How much do real estate agents charge in Lebanon, OR?

Real estate agent commissions in Lebanon, Oregon typically range from 5-6% of the sale price, split between buyer's and seller's agents. Our free matching service connects you with vetted local agents at no additional cost to you—we're compensated through standard referral fees from the agent's existing commission.

Is Lebanon, OR good for first-time home buyers?

Lebanon, Oregon offers opportunities for first-time buyers, with relatively affordable entry points compared to other major metros. Oregon offers several first-time buyer programs including down payment assistance. A local agent experienced with first-time buyers can guide you through the process and available programs.

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