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Foreclosure Homes in Lebanon, IL

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Lebanon, IL Foreclosures

Current Market Conditions in in Lebanon, IL As of May 2026?
Home values: -0.03% MoM; rent: +0.00% MoM.
How much do homes sell for in Lebanon, IL?
The average home price is currently $267,920.
In Lebanon, IL, how many homes are available?
There are currently 146 active home listings available in Lebanon.
What’s the average rental cost in Lebanon, IL?
The average rental price in Lebanon is $1,206.
What is the most expensive home in Lebanon?
The most expensive home sold in Lebanon had a price of $5,586,213.
What is currently the cheapest priced home in Lebanon, IL?
The cheapest home for sale in Lebanon is priced at $10,553.

Living in Lebanon, IL

Lebanon, IL is a historic Metro East community with small-town character, McKendree University, and convenient access to O'Fallon, Scott Air Force Base, I-64, and the St. Louis region.

Buyer vs Seller Market in Lebanon, IL

Median home value: $196,945 as of 2026-05-14.

Median rent: $1,130 as of 2026-05-14.

Home values: -0.03% MoM, +6.29% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Lebanon, IL

There are currently 2,683 real estate properties in Lebanon, IL, with a median automated valuation model (AVM) price of $196,945.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lebanon, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lebanon, IL, is $267,920.00, with the most expensive house in Lebanon, IL, topping out at $5,586,213.00 and the cheapest home in Lebanon, IL, clocking in at $10,553.00. In other words, there’s something for every potential homebuyer or savvy investor in Lebanon, IL!

Rent Prices In Lebanon, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lebanon, IL, is on a rollercoaster ride. The average rent price in Lebanon, IL, is $1,206.00. Indeed, when looking to rent in Lebanon, IL, you can expect to pay as little as $600.00 or as much as $2,560.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Lebanon, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lebanon, IL Foreclosures

Market Trend for Lebanon, IL

Total Listings Available: 146

Market Values:

Home Prices from $10,553 to $5,586,213

Average Sales Price: $267,920

Rental Values:

Rental from $600 to $2,560

Average Rent Value: $1,206 / month

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