Call or Text (240) SELL-123

LEBANON, TN 37087

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

Market Analysis

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

The LEBANON, TN real estate market (37087) currently shows 472 active listings, with 183 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

The median listing price has risen 13% year-over-year, from $479,900 to $542,470.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LEBANON, TN 37087 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
472
⇩ 1.3% vs 478 last year
Pending
183
39% pending ratio
Median Price
$542,470
⇧ 13% vs $479,900 last year
Average Price
$640,849
⇩ 2.1% vs $654,709 last year
Days on Market
46
vs 46 days last year

Price Per Square Foot

Median $/sqft
$231
⇩ 1.7% vs $235/sqft last year
Median Home Size
2,433 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 472 this year vs 478 last year
  • Days on market: 46 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $542,470 (+13% YoY)
  • Average: $640,849 (-2.1% 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 March 2026, there are 472 active listings in LEBANON, TN (zip code 37087), compared to 478 the prior year.

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

The median listing price in LEBANON, TN 37087 is $542,470 as of March 2026, a 13% increase from $479,900 the prior year.

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

Homes in LEBANON, TN 37087 spend an average of 46 days on the market before going under contract, compared to 46 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 March 2026, LEBANON, TN 37087 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

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 $10,849 compared to a typical 5% commission on the median listing price of $542,470. 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.