Is Lebanon, OK 73440 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lebanon is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Lebanon housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Marshall County, OK

Population	218
Median income	$64,038
Average income	$79,446
Median home value	$116,700
Owner-occupied	95% of homes
Median year built	1982

Natural hazard riskTornadoes (relatively high), extreme heat (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 73440; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 73440

Prefilled for 73440Can I win this house?Multiple-offer likelihood for a listing Prefilled for 73440Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Kingston 73439Buyer’s market $187 /sq ft Madill 73446Buyer’s market $139 /sq ft Browse all markets →

Where Lebanon is

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Questions about Lebanon real estate

What are property taxes in Lebanon?

About 0.55% of a home’s value a year in Marshall County, or roughly $2,200 on a $400,000 home.

Local agents

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More tools for 73440

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Marshall County property taxes Marshall County loan limits Closing costs in Oklahoma Hottest ZIP codes in Oklahoma

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology