Market Intelligence Report — MO-060

Lebanon, MO

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

Ref. No: 2026-MO-09
As of the latest 2026 data
Cooling

Median Listing

$269K
-6.8% YoY

Pending Ratio

0.43
+7.3% YoY

Active Inventory

107
-5.7% YoY

Median DOM

60 Days
+23.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Lebanon market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Lebanon, MO.

Free ReportNo Sign-up~60 Seconds

The Lebanon, MO market is currently exhibiting cooling dynamics. The pending ratio stands at 0.43, indicating that demand absorption is moderate relative to available inventory. Median listing prices have experienced a year-over-year decline of 6.8%.

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 modestly over the past year, with active listings down 5.7% year-over-year. Despite this, new listings have increased by 25.0% year-over-year. Median days on market have extended to 60, representing a 23.3% increase over the past year, suggesting a slower pace of transactions. The pending ratio, while showing a positive 7.3% year-over-year change, remains below 0.45.

Historical Analysis

Market Trends

Median Price

$269K-4.0% MoM

Active Inventory

107-5.7% YoY

Days on Market

60+23.3% YoY

Sold Score™

65+7.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

65
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 market conditions suggest a more measured pace of transactions, with inventory pressures easing. Buyers may find increased opportunities for price discipline, as evidenced by extended days on market. Negotiations are likely influenced by the expanding supply of new listings, offering more selection and potentially reducing the urgency for immediate offers.

Luxury Segment

Average listing prices have declined by 7.8% year-over-year, while the median $/sqft has increased by 12.8% year-over-year. This divergent movement, coupled with a higher average-vs-median spread, indicates some softness at the higher price tiers within the market. However, the median square footage has not seen a significant shift, suggesting a re-evaluation of value at the higher end of the market rather than a structural change in property sizes.

Supply Dynamics

107 active listings represent the current floor, with new supply arriving at roughly 40 per month.

Pricing Pressure
16.5%

of active listings carry a price reduction, -9.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +12.8% year-over-year.

Absorption
0.43

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Lebanon, MO? Homes here are taking 11 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
43%
Median Days on Market
60 days
Inventory YoY
−6%

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

Check my home's Sold Score →

Prefer the data first? Get the monthly Lebanon, MO briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Lebanon, MO yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Lebanon market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Track your ZIP

Get the Sold Score for your exact ZIP code in your inbox each month.

One email per month when your ZIP's Sold Score is updated. Unsubscribe anytime.

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 Cooling. Pending ratio is 0.43 with median days on market at 60.

  • Are home prices dropping in Lebanon?+

    Median listing price is $269K, -6.8% year over year. 16.5% of active listings carry a price reduction.

  • How fast are homes selling in Lebanon?+

    The typical listing sits 60 days on market, a +23.3% change YoY. New listings are arriving at 40 per month.

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

    Average listing prices have declined by 7.8% year-over-year, while the median $/sqft has increased by 12.8% year-over-year. This divergent movement, coupled with a higher average-vs-median spread, indicates some softness at the higher price tiers within the market. However, the median square footage has not seen a significant shift, suggesting a re-evaluation of value at the higher end of the market rather than a structural change in property sizes.

  • 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