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All market snapshots / 97355

Lebanon, OR 97355 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Lebanon, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 7676PendingPending sales: 77
Lebanon, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $414k$414kSoldMedian sold price (last 6 months): $390k$390k
What homes actually sell for in Lebanon, OR
Distribution of 229 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $495k
$120k to $199k: 10 sales$120k$199k to $277k: 21 sales$277k to $356k: 44 sales$277k$356k to $435k: 57 sales57sales$435k to $514k: 33 sales$435k$514k to $592k: 22 sales$592k to $671k: 12 sales$592k$671k to $750k: 7 salesMedian $390k

What the numbers say

As of October 26, 2026, Resideline is tracking 76 active listings and 7 pending sales in ZIP code 97355. That pending-to-active ratio of 0.09 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $414,450, while the median of the 229 closed sales Resideline tracked over the last six months was $390,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97355 for 86 days.

Frequently asked questions

What is the median home price in 97355?

The median closed sale price in Lebanon, OR 97355 was $390,000 over the last six months, based on 229 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $495,000.

Is 97355 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 76 active listings in 97355, a pending-to-active ratio of 0.09. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 97355 is currently a typical-pace market.

Nearby ZIP code market data

Full Lebanon, OR housing market report →

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