Lebanon, TN Home Values & Market Trends

Real estate market trends reflect that there have been 1,423 transactions over the past year in Lebanon. The median value for residential home transactions that occurred over the previous year is $458,743. The number of current listings in Lebanon is 1,384, and the percentage of properties for sale in the city is 1384.00%. Lebanon, TN currently has 31 properties in foreclosure, 9 bank owned properties, 22 properties headed for auction, and 1,384 properties for sale.

Lebanon, TN Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
37087

$ 451,229

$ 221/sqft

37090

$ 486,958

$ 232/sqft

Housing Market Summary for Lebanon, TN

Sep 2025September 2026Change
Median Listing Price$475K$460K-3.16%
Median Sold Price$406.5K$483K18.81%
Homes For Sale1,1821,37616.41%
Homes Sold518392-24.32%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lebanon, TN

Lebanon home values range from $81,784 to $3,900,000. The median estimated value of a home in Lebanon is $458,743. The median list price of a home is 459,990, and the total count of properties in the city is 1,832.

Foreclosure
There are 2 zips within Lebanon, TN; within these zips, the median estimated home value for homes in foreclosure ranges from $811,992 in 37087 to the lowest value of $199,391 in 37087. Foreclosure homes account for 1.00% of properties in Lebanon, TN with 37087 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lebanon, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lebanon, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lebanon, TN ranges from the highest value of $384,900 in 37090 to the lowest value of $199,391 in 37087. Bank owned homes and properties account for 0.49% of properties in Lebanon, TN. There are 2 zips within Lebanon, TN; 37087 containing 8 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    37087 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Lebanon, TN. Auction homes and other auction properties account for 1.20% of all properties in Lebanon, TN. There are 2 zips within Lebanon, TN; of those zips, the median estimated home value for homes going to auction ranges from $971,618 in 37090 to the lowest value of $223,235 in 37090.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.55% of residential properties in Lebanon, TN with 37087 containing 1066 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Lebanon, TN; homes for sale in those zips, have a range of median values from $2,415,058 in 37090 to the lowest value of $170,000 in 37087.
    Sold Homes
    The median value for recently sold homes ranges from $1,653,265 in 37090 to the lowest price of $81,784 in 37090. There are 2 zips within Lebanon, TN. 37087 has 277 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 21.07% of properties in Lebanon, TN.

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      Guide for Lebanon, TN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.