Is Lebanon Junction, KY 40150 a buyer’s or seller’s market?
Lebanon Junction is a seller’s market. With about 3 months of supply and 14% 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.
The Lebanon Junction housing market right now
In the three months ending August 31, 2026, 14% of homes in Lebanon Junction, KY 40150 sold above their list price, the typical home went under contract in 41 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (34 days then) and the median sale price rose 5% to $246,893. Overall, Lebanon Junction is less competitive than a year ago, which gives buyers more room.
Within Bullitt County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at West Point 40177 (0% sold over asking), while Shepherdsville 40165 (19% sold over asking) is even more competitive.
Run the numbers for 40150
Nearby markets
Brooks 40109Buyer’s market $148 /sq ftClermont 40110 — /sq ftMount Washington 40047Seller’s market $197 /sq ftShepherdsville 40165Seller’s market $182 /sq ft Browse all markets →Towns like Lebanon Junction nearby
Find towns like Lebanon Junction in other states →Where Lebanon Junction is
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Questions about Lebanon Junction real estate
Is Lebanon Junction a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Lebanon Junction, KY 40150 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 Junction?
The typical home went under contract in 41 days in the latest three months.
Do homes in Lebanon Junction sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Lebanon Junction?
About 0.83% of a home’s value a year in Bullitt County, or roughly $3,320 on a $400,000 home.
What is the median home price in Lebanon Junction?
The median sale price was $246,893 in the three months ending August 31, 2026, about $165 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