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LEBANON, OR 97355

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

Market Analysis

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

The LEBANON, OR real estate market (97355) currently shows 112 active listings, with 39 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 54 days last year.

The median listing price has fallen 2.7% year-over-year, from $500,000 to $486,500.

Whether you are buying or selling in LEBANON, OR, 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: 32,777  ·  Density: 59.0/mi²  ·  Median household income: $60,478

Typical home value: $299,555  ·  Homeownership: 67.2%

Market Overview

Active Listings
112
⇧ 7.7% vs 104 last year
Pending
39
35% pending ratio
Median Price
$486,500
⇩ 2.7% vs $500,000 last year
Average Price
$575,002
⇩ 2.9% vs $592,262 last year
Days on Market
45
⇩ 16.7% vs 54 days last year

Price Per Square Foot

Median $/sqft
$292
⇧ 2.8% vs $284/sqft last year
Median Home Size
1,682 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 112 this year vs 104 last year
  • Days on market: 45 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $486,500 (-2.7% YoY)
  • Average: $575,002 (-2.9% 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 27.1 miles — 393 listings ($259,499,996 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97355Lebanon, OR 973550.0 mi117$63,359,712$447,470$541,536
97374Scio, OR 9737411.3 mi17$15,961,385$838,475$938,905
97386Sweet Home, OR 9738612.3 mi79$30,222,556$351,250$382,564
97389Tangent, OR 9738913.5 mi4$1,539,732$369,900$384,933
97377Shedd, OR 9737714.8 mi3$3,750,000$1,250,000$1,250,000
97348Halsey, OR 9734818.2 mi5$3,400,000$450,000$680,000
97392Turner, OR 9739218.9 mi29$41,495,201$1,022,500$1,430,869
97325Aumsville, OR 9732520.8 mi16$10,883,584$568,700$680,224
97446Harrisburg, OR 9744621.7 mi11$4,541,867$401,225$412,897
97385Sublimity, OR 9738523.5 mi17$13,145,709$690,500$773,277
97333Corvallis, OR 9733324.5 mi31$23,784,967$642,250$767,257
97317Salem, OR 9731726.0 mi61$45,274,444$628,000$742,204
97346Gates, OR 9734627.1 mi3$2,140,839$755,750$713,613

Frequently Asked Questions

How many homes are for sale in LEBANON, OR 97355?

As of March 2026, there are 112 active listings in LEBANON, OR (zip code 97355), compared to 104 the prior year.

What is the median home price in LEBANON, OR 97355?

The median listing price in LEBANON, OR 97355 is $486,500 as of March 2026, a 2.7% decrease from $500,000 the prior year.

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

Homes in LEBANON, OR 97355 spend an average of 45 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in LEBANON, OR 97355?

Based on current inventory and days-on-market data as of March 2026, LEBANON, OR 97355 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 54 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEBANON, OR 97355 save an estimated $9,730 compared to a typical 5% commission on the median listing price of $486,500. 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.