Contracts Low in Lebanon Real Estate Market

Over the last 30 days, 11 homes went under contract in the Lebanon market, the lowest amount since January. As the market appears to be approaching a bottom, there were 32 homes sold over the same period. During the same time frame, Indianapolis had the most of any other neighboring municipalities with 882 contracts executed. The median sales price climbed to $129,200, up from last week's $124,900. The rising sales and a low two months of inventory point to Lebanon being a solid seller's market.

Trying to find a home in Lebanon that offers more bathrooms? Then check out these listings that provide the most bathrooms in the area:

$439K   $694K   $489K  

Get started right now by checking out Lebanon homes for sale or reviewing Lebanon real estate trends.

Demographic facts for Lebanon:

  • The median house value here is $104,300.
  • The area gets 115 rainy days a year. (U.S. average: 100)
  • The area's unemployment rate is 7.1%.
  • There are 16.5 students for every teacher. (15.3 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Realty World Indy
Snapped 1 home in this area

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