Is Lebanon, TN 37090 a buyer’s or seller’s market?
Lebanon is a seller’s market. With about 3.6 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 29% of U.S. ZIP codes, and #121 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lebanon housing market right now
In the three months ending August 31, 2026, 12% of homes in Lebanon, TN 37090 sold above their list price, the typical home went under contract in 69 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 161 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (59 days then) and the median sale price rose 17% to $439,810. Overall, Lebanon is less competitive than a year ago, which gives buyers more room.
Within Wilson County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Lebanon ranks #121 of 299 TN ZIP codes with enough sales (score 32 out of 100).
Nearby, buyers who want less competition could look at Auburntown 37016 (0% sold over asking) or Watertown 37184 (7% sold over asking), while Mount Juliet 37122 (15% sold over asking) is even more competitive.
Run the numbers for 37090
Nearby markets
Auburntown 37016Buyer’s market $200 /sq ftLebanon 37087Balanced $217 /sq ftMount Juliet 37122Balanced $236 /sq ftWatertown 37184Balanced $238 /sq ft Browse all markets →Towns like Lebanon nearby
Find towns like Lebanon in other states →Where Lebanon is
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Questions about Lebanon real estate
Is Lebanon a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Lebanon, TN 37090 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lebanon?
The typical home went under contract in 69 days in the latest three months.
Do homes in Lebanon sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Lebanon?
About 0.42% of a home’s value a year in Wilson County, or roughly $1,680 on a $400,000 home.
What is the median home price in Lebanon?
The median sale price was $439,810 in the three months ending August 31, 2026, about $206 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology