Lebanon, MO Housing Market 2026: Median Home Price, Last 12 Months

If you invest in or around Lebanon, the number that matters is what homes actually close for, not what sellers are asking. Here is what Lebanon sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of August 2026.

The snapshot

• •Closings tracked, last 12 months: 230
• •Median sold price, last 12 months: $205,000
• •Median sold $/sqft, last 12 months: $146
• •Middle half of sales closed between: $150,000 and $275,000

What the numbers say

Resideline tracked 230 closed sales in Lebanon over the last 12 months, with a median closing price of $205,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $150,000 and $275,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 98% of the Lebanon closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 229 closings with usable living area, the middle half sold between $122 and $165 per square foot.

Figures last updated August 22, 2026 from closings Resideline tracked.

Median home price in Lebanon, MO (August 2026)

The median home price in Lebanon is $205,000, measured across the 230 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $150,000 and $275,000.

Where Lebanon sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Lebanon over the last 12 months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $150,000 and $275,000. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 40 days, across 165 Lebanon closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 21 days, across 135 Lebanon closings Resideline tracked in the last 12 months

The Lebanon angle

Wide range, shallow pool: that is the situation in Lebanon. The width undermines $205,000 as an anchor for one address, and the thinness limits how far you can filter to build a replacement. The honest response is a wider stated range and a visible comp count. Keep property type fixed, relax size and condition before you relax geography, and avoid cutting the pool down to a small handful of sales that happen to look ideal. The upper half of the band covers more dollars than the lower half, so comps above $205,000 bring more absolute spread with them. Present the estimate as indicative and refresh it when the sample updates.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 11,465+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Lebanon address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Lebanon, MO
Data updated: August 2026
Analysis period: last 12 months
Tracked closings: 230
Median sold price: $205,000
Median sold $/sqft: $146 (229 qualifying)
Property mix: 98% houses
https://resideline.com/blog/lebanon-mo-housing-market

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Lebanon over the last 12 months, and is refreshed when the data is.