Is Lebanon, TN 37090 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lebanon is a seller’s market. With about 3.6 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.6Under 4 months = seller’s market
Sold above original list11.5%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market69Listing to accepted offer
Median price per sq ft$206▼ −6.7% vs. last year

Nearby markets

Auburntown 37016Buyer’s market $200 /sq ftLebanon 37087Balanced $217 /sq ftMount Juliet 37122Balanced $236 /sq ftWatertown 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