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LEBANON, TN 37087

Real Estate Market Report  ·  Wilson County
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LEBANON, TN real estate market (37087) currently shows 493 active listings, with 162 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 47 days last year.

The median listing price has risen 4.9% year-over-year, from $491,005 to $514,925.

Whether you are buying or selling in LEBANON, TN, 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: 53,068  ·  Density: 124.2/mi²  ·  Median household income: $74,665

Typical home value: $331,780  ·  Homeownership: 70.9%

Market Overview

Active Listings
493
⇧ 4.4% vs 472 last year
Pending
162
33% pending ratio
Median Price
$514,925
⇧ 4.9% vs $491,005 last year
Average Price
$624,151
⇩ 4.6% vs $654,578 last year
Days on Market
50
⇧ 6.4% vs 47 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 0.4% vs $226/sqft last year
Median Home Size
2,368 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 493 this year vs 472 last year
  • Days on market: 50 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $514,925 (+4.9% YoY)
  • Average: $624,151 (-4.6% 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 23.2 miles — 1,654 listings ($1,082,589,059 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37087Lebanon, TN 370870.0 mi412$260,121,968$525,320$631,364
37090Lebanon, TN 3709010.4 mi188$169,682,032$499,823$902,564
37151Riddleton, TN 3715112.9 mi2$974,850$487,425$487,425
37122Mount Juliet, TN 3712213.8 mi490$374,147,830$629,998$763,567
38563Gordonsville, TN 3856315.3 mi28$11,348,288$368,900$405,296
37057Dixon Springs, TN 3705716.4 mi4$1,216,268$307,400$304,067
37030Carthage, TN 3703017.9 mi41$15,267,990$337,500$372,390
37076Hermitage, TN 3707619.3 mi243$125,609,130$497,733$516,910
37012Alexandria, TN 3701220.4 mi11$4,346,529$353,000$395,139
37186Westmoreland, TN 3718621.8 mi58$26,310,830$339,945$453,635
38567Hickman, TN 3856722.1 mi4$2,724,800$499,900$681,200
37214Nashville, TN 3721423.0 mi138$63,203,034$417,475$457,993
37048Cottontown, TN 3704823.2 mi35$27,635,510$739,850$789,586

Frequently Asked Questions

How many homes are for sale in LEBANON, TN 37087?

As of July 2026, there are 493 active listings in LEBANON, TN (zip code 37087), compared to 472 the prior year.

What is the median home price in LEBANON, TN 37087?

The median listing price in LEBANON, TN 37087 is $514,925 as of July 2026, a 4.9% increase from $491,005 the prior year.

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

Homes in LEBANON, TN 37087 spend an average of 50 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in LEBANON, TN 37087?

Based on current inventory and days-on-market data as of July 2026, LEBANON, TN 37087 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 47 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEBANON, TN 37087 save an estimated $10,299 compared to a typical 5% commission on the median listing price of $514,925. 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.