Is Lebanon, IN 46052 a buyer’s or seller’s market?

The Lebanon housing market right now

In the three months ending August 31, 2026, 16% of homes in Lebanon, IN 46052 sold above their list price, the typical home went under contract in 15 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 99 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (17 days then) and the median sale price fell 6% to $297,371. Overall, Lebanon is less competitive than a year ago, which gives buyers more room.

Within Boone County, homes here sell faster than in 80% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Lebanon ranks #141 of 306 IN ZIP codes with enough sales (score 53 out of 100).

Nearby, buyers who want less competition could look at Jamestown 46147 (0% sold over asking) or Advance 46102 (0% sold over asking), while Zionsville 46077 (38% sold over asking) is even more competitive.