Lebanon, KY Foreclosures
Current Market Conditions in in Lebanon, KY As of January 2026?
Over the last month, Lebanon's housing market has become increasingly active, with more homes being listed for sale and a growing interest from buyers, particularly first-time homebuyers. The average days on the market have decreased, signaling that homes are selling quicker. The increase in competition and demand is presenting a unique opportunity for sellers, who can expect to receive strong offers for well-maintained properties. While prices are steadily rising, buyers are still able to negotiate reasonable terms due to the variety of options available at different price points.
How much do homes sell for in Lebanon, KY?
The average home price is currently $230,963.
What’s the average rental cost in Lebanon, KY?
The average rental price in Lebanon is $958.
What is the most expensive home in Lebanon?
The most expensive home sold in Lebanon had a price of $10,824,535.
What is currently the cheapest priced home in Lebanon, KY?
The cheapest home for sale in Lebanon is priced at $12,300.
Living in Lebanon, KY
Lebanon, Kentucky, is a charming small town known for its rich history and welcoming community. The area features a variety of recreational activities, including beautiful parks and local festivals. With an active downtown area and easy access to larger cities, Lebanon offers the perfect blend of rural and urban living.
Buyer vs Seller Market in Lebanon, KY
The current real estate market in Lebanon, KY, is showing signs of steady growth driven by an influx of newcomers looking for affordable housing options and a friendly community atmosphere. Home values have gradually increased over the last year, making it a favorable time for sellers with competitive offers coming in. Buyers, however, still have the opportunity to find reasonably priced homes, particularly in the suburban areas that surround the town center.
In the past month, the real estate market in Lebanon has experienced a notable uptick in activity, with a 10% increase in home listings compared to the previous month. This rise can be attributed to returning seasonal trends, as springtime often prompts families to search for new homes ahead of the school year. Multiple offers on desirable properties indicate a robust demand, while inventory levels remain low, creating a competitive environment.
Home Value Estimator For Lebanon, KY
There are currently 4,695 real estate properties
in Lebanon, KY,
with a median automated valuation model (AVM) price
of $187,332.00. 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, KY, 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, KY,
is $230,963.00, with the most expensive house
in Lebanon, KY, topping out
at $10,824,535.00 and the cheapest home
in Lebanon, KY,
clocking in at $12,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lebanon, KY!
Rent Prices
In Lebanon, KY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lebanon, KY, is on
a rollercoaster ride. The
average rent price in Lebanon, KY,
is $958.00. Indeed, when looking to rent in
Lebanon, KY, you can expect to pay as little
as $480.00 or as much
as $2,240.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Lebanon, KY
-- 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.
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