Market Intelligence Report — MO-060

Lebanon, MO

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MO-08
As of the latest 2026 data
Accelerated

Median Listing

$280K
-5.1% YoY

Pending Ratio

0.53
+8.7% YoY

Active Inventory

98
-7.5% YoY

Median DOM

65 Days
+15.2% YoY

Primary Intelligence Tool — Sold Score™

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The Lebanon market is exhibiting Accelerated dynamics, with a pending ratio of 0.53 indicating moderately robust demand absorption against available inventory. Despite a month-over-month decrease of 0.9% in median listing price, the market remains active.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Lebanon market right now.

Inventory levels have contracted year-over-year, with active listings down 7.5% and new listings experiencing a significant 41.7% decline over the past year. This reduction in incoming supply has contributed to a 8.7% year-over-year increase in the pending ratio, even as median days on market extended by 15.2% over the same period. The median listing price has declined by 5.1% year-over-year.

Historical Analysis

Market Trends

Median Price

$280K-0.9% MoM

Active Inventory

98-7.5% YoY

Days on Market

65+15.2% YoY

Sold Score™

72+8.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

72
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current environment suggests a competitive pace for properties, driven by a contracting inventory and a rising pending ratio. While properties are taking longer to move, the reduction in new supply means that available homes are subject to continued demand pressure, potentially limiting negotiating flexibility for purchasers.

Luxury Segment

The average listing price in Lebanon has declined by 13.7% year-over-year, significantly underperforming the median listing price, which only saw a 5.1% year-over-year decrease. This disparity, coupled with a substantial spread between the average ($377,707) and median ($280,000) listing prices, suggests softness in the higher-priced segments of the market.

Supply Dynamics

98 active listings represent the current floor, with new supply arriving at roughly 28 per month.

Pricing Pressure
15.7%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +13.8% year-over-year.

Absorption
0.53

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Lebanon, MO? Homes here are taking 9 days longer to sell than last year.

Lebanon, MO is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
53%
Median Days on Market
65 days
Inventory YoY
−8%

Lebanon, MO is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Lebanon, MO
CBSA Code
30060
State
MO
Analysis FAQ
  • What is the current market condition in Lebanon?+

    As of the latest 2026 data, the Lebanon metro is classified as Accelerated. Pending ratio is 0.53 with median days on market at 65.

  • Are home prices dropping in Lebanon?+

    Median listing price is $280K, -5.1% year over year. 15.7% of active listings carry a price reduction.

  • How fast are homes selling in Lebanon?+

    The typical listing sits 65 days on market, a +15.2% change YoY. New listings are arriving at 28 per month.

  • What's happening in the Lebanon luxury market?+

    The average listing price in Lebanon has declined by 13.7% year-over-year, significantly underperforming the median listing price, which only saw a 5.1% year-over-year decrease. This disparity, coupled with a substantial spread between the average ($377,707) and median ($280,000) listing prices, suggests softness in the higher-priced segments of the market.

  • Where can I find a trusted Lebanon real estate expert?+

    Primpted maintains a vetted registry of Lebanon agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 30060 · 36mo history