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LEBANON, VA 24266

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

Market Analysis

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

The LEBANON, VA real estate market (24266) currently shows 31 active listings, with 6 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 62 days last year.

The median listing price has risen 0.9% year-over-year, from $252,400 to $254,750.

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
31
⇩ 8.8% vs 34 last year
Pending
6
19% pending ratio
Median Price
$254,750
⇧ 0.9% vs $252,400 last year
Average Price
$289,249
⇩ 9.7% vs $320,149 last year
Days on Market
64
⇧ 3.2% vs 62 days last year

Price Per Square Foot

Median $/sqft
$146
⇧ 8.1% vs $135/sqft last year
Median Home Size
1,770 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 34 last year
  • Days on market: 64 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $254,750 (+0.9% YoY)
  • Average: $289,249 (-9.7% 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 June 2026, there are 31 active listings in LEBANON, VA (zip code 24266), compared to 34 the prior year.

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

The median listing price in LEBANON, VA 24266 is $254,750 as of June 2026, a 0.9% increase from $252,400 the prior year.

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

Homes in LEBANON, VA 24266 spend an average of 64 days on the market before going under contract, compared to 62 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 June 2026, LEBANON, VA 24266 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 62 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 $5,095 compared to a typical 5% commission on the median listing price of $254,750. 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.