Lebanon Real Estate Market
Comprehensive market analysis for buyers and sellers. This month: homes selling faster, prices rising steadily.
Median Price
$377K
Avg Days on Market
105
Price per Sq Ft
$245
vs. Corvallis at $326
Avg Offers per Home
2
Competitive market
Active Listings
46
Months of supply: 2.4
New Listings
41
This month
Closed Sales
57
This month
30-Yr Rate
6.65%
Current average
12-Month Trends
See how the market has evolved over the past year
Median Price Trend
Closed Sales Volume
How Lebanon Compares
Lebanon vs. nearby markets
| City | Median Price | Days on Market | Price/Sq Ft | YoY Growth |
|---|---|---|---|---|
| Lebanon | $377,115 | 105 days | $245 | +3.4% |
| Corvallis | $593,250 | 102 days | $326 | +4.1% |
| Albany | $446,343 | 97 days | $265 | -1.5% |
| Sweet Home | $330,467 | 102 days | $212 | -4.8% |
Recently Sold Homes
Latest market activity in Lebanon
| Address | Beds/Baths | Price | DOM | Sold |
|---|---|---|---|---|
1847 Cascade Dr East Lebanon | 4/2.5 | $425,000 | 42d | Apr 3, 2026 |
312 S 5th St South Lebanon | 3/2 | $339,000 | 58d | Mar 28, 2026 |
2205 Hamilton Creek Rd Hamilton Creek | 4/3 | $589,000 | 31d | Mar 22, 2026 |
905 Crowfoot Rd North Lebanon | 3/2 | $412,000 | 47d | Mar 18, 2026 |
4410 Berlin Rd East Lebanon | 3/2 | $365,000 | 73d | Mar 14, 2026 |
1128 Park St South Lebanon | 2/1 | $298,000 | 91d | Mar 9, 2026 |
Market Insights
What This Means for Buyers
- 1
Market Moving Fast
With an average of 105 days on market, homes aren't lingering. Be prepared to move quickly with a strong offer.
- 2
Good Affordability
At $377K, Lebanese homes offer strong value compared to Corvallis while maintaining vibrant community living.
- 3
Competitive but Fair
With 2 offers per home, you'll face competition but it's not an all-out bidding war. Smart offers can still win.
What This Means for Sellers
- ✓
Strong Demand
Homes are selling fast with robust buyer interest. Expect less time on market and multiple offers.
- ✓
Prices on the Rise
With a 5.3% year-over-year increase, home values are appreciating. List now to capture momentum.
- ✓
Homes Moving Quickly
Average time to sale is just 105 days—faster than nearly any market in the region.
Current Interest Rates
6.65%
30-Year Fixed Rate
As of 1st Quarter 2026
Monthly payment estimate:
$1,895
Principal & interest on $377K with 20% down at 6.65%
Latest Analysis
Lebanon Market Report: Q1 2026 -- Sales Up 21%, Prices Climb to $377K
Lebanon's residential market showed strong momentum in Q1 2026. Total sales reached 75 homes (up from 59 in Q1 2025), with the average sold price climbing to $377,115. Here's the full breakdown from the Willamette Valley MLS.
Updated quarterly. Data sourced from the Willamette Valley MLS, as of March 31, 2026. All information deemed reliable but not guaranteed.