Is Lebanon, MO 65536 a buyer’s or seller’s market?
Lebanon is a seller’s market. With about 3.7 months of supply and 24% 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 45% of U.S. ZIP codes, and #167 of 263 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, 24% of homes in Lebanon, MO 65536 sold above their list price, the typical home went under contract in 50 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 96 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (45 days then) and the median sale price rose 7% to $229,901. Overall, Lebanon is more competitive than a year ago, so tougher for buyers.
On our competition score, Lebanon ranks #167 of 263 MO ZIP codes with enough sales (score 45 out of 100).
Nearby, buyers who want less competition could look at Phillipsburg 65722 (0% sold over asking), while Conway 65632 (33% sold over asking) is even more competitive.
Run the numbers for 65536
Nearby markets
Conway 65632Buyer’s market $160 /sq ftEldridge 65463 — /sq ftFalcon 65470 — /sq ftPhillipsburg 65722 $128 /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 3.7 months of supply in Lebanon, MO 65536 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 50 days in the latest three months.
Do homes in Lebanon sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Lebanon?
About 0.60% of a home’s value a year in Laclede County, or roughly $2,400 on a $400,000 home.
What is the median home price in Lebanon?
The median sale price was $229,901 in the three months ending August 31, 2026, about $148 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