Real Estate Market Update for Lebanon, MO
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 37% from one year earlier, and down 13% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 11%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 110-thousand dollars. The number of units sold increased 19% year-over-year, and increased 78% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Lebanon, MO

Area Information for Lebanon, MO
  • Population: 14,959
  • Median Age: 37.08 yr
  • Median Commute Time: 14 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 1,022/sq mi
  • Population Change Since 2000: 19.09%
  • Closest Airport: Springfield-branson Ntl
  • Closest College: Southwest Baptist University
  • Closest Jr. College: Ozarks Technical Community College
  • Median Household Income: $43,284
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $164,141
  • Closest Major Sports Team: Springfield Cardinals (aa)
  • Change Avg. Household Income Since 2000: 36.54%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lebanon, MO
Median Age: 37.08 Married: 43% Number of Households: 6,200 Households with Children: 1,930
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Lebanon, MO

      School Name Distance Type Grades School Rating
      Lebanon Middle School 0.5 mi Public 6-8 2
      Maplecrest Elementary School 0.5 mi Public 2-3 0
      Boswell Elementary School 0.7 mi Public 4-5 2
      Hillcrest Education Center 0.7 mi Public 9-12 0
      Lebanon Tech. & Career Center 1.2 mi Public 9-12 0
      Lebanon Sr. High School 1.2 mi Public 9-12 1
      Joe D Esther Elementary School 1.3 mi Public PRESCHOOL-1 0
      Joel E Barber Elementary School 4.4 mi Public PRESCHOOL-8 1
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Lebanon, MO
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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