Is Lebanon, TN 37087 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lebanon is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.4Under 4 months = seller’s market

Sold above original list11.2%Share of sales, last 3 months

Median sale-to-list98.6%Sold price ÷ list price

Median days on market67Listing to accepted offer

Median price per sq ft$217▲ +1.1% vs. last year

Run the numbers for 37087

Prefilled for 37087Can I win this house?Multiple-offer likelihood for a listing Prefilled for 37087Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Auburntown 37016Buyer’s market $200 /sq ft Lebanon 37090Seller’s market $206 /sq ft Mount Juliet 37122Balanced $236 /sq ft Watertown 37184Balanced $238 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology