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LEBANON, VA 24266

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LEBANON, VA real estate market (24266) currently shows 35 active listings, with 11 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 61 days on market compared to 81 days last year.

The median listing price has risen 43.4% year-over-year, from $229,998 to $329,750.

Whether you are buying or selling in LEBANON, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 8,805  ·  Density: 27.0/mi²  ·  Median household income: $48,199

Typical home value: $119,237  ·  Homeownership: 75.9%

Market Overview

Active Listings
35
⇧ 20.7% vs 29 last year
Pending
11
31% pending ratio
Median Price
$329,750
⇧ 43.4% vs $229,998 last year
Average Price
$376,822
⇧ 18.6% vs $317,789 last year
Days on Market
61
⇩ 24.7% vs 81 days last year

Price Per Square Foot

Median $/sqft
$159
⇧ 3.2% vs $154/sqft last year
Median Home Size
2,112 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 29 last year
  • Days on market: 61 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $329,750 (+43.4% YoY)
  • Average: $376,822 (+18.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.1 miles — 324 listings ($117,859,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
24266Lebanon, VA 242660.0 mi33$13,153,833$331,225$398,601
24210Abingdon, VA 242108.0 mi62$21,924,192$316,085$353,616
24280Rosedale, VA 2428010.9 mi1$289,000$289,000$289,000
24270Mendota, VA 2427012.4 mi2$772,400$386,200$386,200
24237Dante, VA 2423714.8 mi1$51,500$51,500$51,500
24361Meadowview, VA 2436116.0 mi12$4,662,720$359,900$388,560
24649Swords Creek, VA 2464918.0 mi2$592,000$296,000$296,000
24220Birchleaf, VA 2422018.7 mi2$1,248,000$624,000$624,000
24609Cedar Bluff, VA 2460920.5 mi17$3,993,742$186,200$234,926
24340Glade Spring, VA 2434020.7 mi17$4,899,077$267,450$288,181
37620Bristol, TN 3762021.8 mi149$61,926,188$319,950$415,612
24245Dungannon, VA 2424522.8 mi5$562,625$88,000$112,525
24370Saltville, VA 2437023.1 mi21$3,784,263$128,750$180,203

Frequently Asked Questions

How many homes are for sale in LEBANON, VA 24266?

As of March 2026, there are 35 active listings in LEBANON, VA (zip code 24266), compared to 29 the prior year.

What is the median home price in LEBANON, VA 24266?

The median listing price in LEBANON, VA 24266 is $329,750 as of March 2026, a 43.4% increase from $229,998 the prior year.

How long do homes stay on the market in LEBANON, VA?

Homes in LEBANON, VA 24266 spend an average of 61 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in LEBANON, VA 24266?

Based on current inventory and days-on-market data as of March 2026, LEBANON, VA 24266 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 81 days last year.

How much can I save on real estate commission in LEBANON, VA?

With SELL123.com's maximum 3% commission, sellers in LEBANON, VA 24266 save an estimated $6,595 compared to a typical 5% commission on the median listing price of $329,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.