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All market snapshots / 97355

Lebanon, OR 97355 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lebanon, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 7474PendingPending sales: 1010
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): $388k$388kSoldMedian sold price (last 6 months): $385k$385k
What homes actually sell for in Lebanon, OR
Distribution of 239 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $480k
$122k to $199k: 12 sales$122k$199k to $276k: 19 sales$276k to $354k: 50 sales$276k$354k to $431k: 62 sales62sales$431k to $508k: 34 sales$431k$508k to $586k: 20 sales$586k to $663k: 12 sales$586k$663k to $740k: 7 salesMedian $385k

What the numbers say

As of October 5, 2026, Resideline is tracking 74 active listings and 10 pending sales in ZIP code 97355. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $387,500, while the median of the 239 closed sales Resideline tracked over the last six months was $385,000. 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 73 days.

Frequently asked questions

What is the median home price in 97355?

The median closed sale price in Lebanon, OR 97355 was $385,000 over the last six months, based on 239 closed sales tracked by Resideline. The middle half of those sales ranged from $299,500 to $480,000.

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

Resideline is currently tracking 10 pending sales against 74 active listings in 97355, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97355 currently looks like a balanced market.

Nearby ZIP code market data

Full Lebanon, OR housing market report →

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