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LEBANON, KY 40033

Real Estate Market Report  ·  Marion County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LEBANON, KY real estate market (40033) currently shows 40 active listings, with 11 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 65 days last year.

The median listing price has risen 1.7% year-over-year, from $230,000 to $233,875.

Whether you are buying or selling in LEBANON, KY, 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: 12,107  ·  Density: 33.3/mi²  ·  Median household income: $45,932

Typical home value: $141,760  ·  Homeownership: 66.8%

Market Overview

Active Listings
40
⇧ 48.1% vs 27 last year
Pending
11
28% pending ratio
Median Price
$233,875
⇧ 1.7% vs $230,000 last year
Average Price
$276,434
⇧ 2.5% vs $269,619 last year
Days on Market
81
⇧ 24.6% vs 65 days last year

Price Per Square Foot

Median $/sqft
$151
⇩ 6.2% vs $161/sqft last year
Median Home Size
1,491 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 27 last year
  • Days on market: 81 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $233,875 (+1.7% YoY)
  • Average: $276,434 (+2.5% 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 24.8 miles — 555 listings ($194,547,549 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
40033Lebanon, KY 400330.0 mi42$11,252,178$235,750$267,909
40069Springfield, KY 4006910.9 mi41$21,934,590$306,150$534,990
40037Loretto, KY 4003711.5 mi7$2,107,196$266,150$301,028
42718Campbellsville, KY 4271813.9 mi123$34,592,889$249,675$281,243
40468Perryville, KY 4046815.2 mi11$3,207,446$334,900$291,586
40040Mackville, KY 4004017.9 mi1$449,900$449,900$449,900
40051New Haven, KY 4005119.7 mi12$4,330,092$298,725$360,841
40004Bardstown, KY 4000421.0 mi156$53,046,084$299,900$340,039
40440Junction City, KY 4044022.3 mi13$6,453,512$279,725$496,424
42764Mount Sherman, KY 4276423.0 mi2$1,039,900$519,950$519,950
42539Liberty, KY 4253923.6 mi32$9,384,672$255,000$293,271
40422Danville, KY 4042224.5 mi100$39,823,200$369,750$398,232
40008Bloomfield, KY 4000824.8 mi15$6,925,890$469,675$461,726

Frequently Asked Questions

How many homes are for sale in LEBANON, KY 40033?

As of March 2026, there are 40 active listings in LEBANON, KY (zip code 40033), compared to 27 the prior year.

What is the median home price in LEBANON, KY 40033?

The median listing price in LEBANON, KY 40033 is $233,875 as of March 2026, a 1.7% increase from $230,000 the prior year.

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

Homes in LEBANON, KY 40033 spend an average of 81 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in LEBANON, KY 40033?

Based on current inventory and days-on-market data as of March 2026, LEBANON, KY 40033 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 65 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEBANON, KY 40033 save an estimated $4,678 compared to a typical 5% commission on the median listing price of $233,875. 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.