Lebanon, TN 37090 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lebanon, TN—37090

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$447,000

0.7% YoY Growth

Household Income

$85,000

29.9% YoY Growth

Days on Market

68.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$1,950

8.8% YoY Growth

1-Bed Rent

$1,300

N/A

2-Bed Rent

$1,520

32.2% YoY Growth

3-Bed Rent

$1,940

8.1% YoY Growth

Other Zip Codes in Lebanon, TN

37087

Home Price Trends — Lebanon, TN

As of Dec '25, the median home price in Lebanon, TN is $447,000, with a year-over-year change of 0.7%. This indicates that home prices in Lebanon, TN are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$447,000	0.7%
Single Family	$454,000	0.7%
Condos	$354,000	4.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lebanon, TN

As of July '25, Rentcast reports the average rent in Lebanon, TN is $2,220, with a year-over-year rent change of 8.8%. Per bedroom, the median rent as of July '25 in Lebanon, TN is 1-bedrooms: $1,310, 2-bedrooms: $1,560, 3-bedrooms: $2,140, 4-bedrooms: $3,260. The most common rental property sizes in Lebanon, TN are 2-bedroom and 1-bedroom, accounting for 41.2% and 25.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,950	$2,220
Studio Rent	N/A	N/A
1 Bed Rent	$1,300	$1,310
2 Bed Rent	$1,520	$1,560
3 Bed Rent	$1,940	$2,140
4 Bed Rent	$2,620	$3,260

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% of Rental Stock

Studio

5.8%

1 Bedroom

25.7%

2 Bedrooms

41.2%

3 Bedrooms

20.4%

4 Bedrooms

6.5%

5+ Bedrooms

0.4%

Property Listings — Lebanon, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Lebanon, TN is 81. This is a increase of 71.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$510,000	-1.0%
Listing Count	191	1.0%
Listings as % of Homes	1.5%	1.0%
Days on Market	96	68.0%

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Demographics — Lebanon, TN

As of the latest ACS Survey released in 2023, Lebanon, TN has a population of 17,900, which has increased by 18.7% over the past 5 years. Lebanon, TN is a moderately popular place for families, as children make up 22.0% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,900	18.7%
% Under 18	22.0%	-4.3%
% Seniors	15.4%	-11.5%
% WFH	17.5%	139.7%
% w/ College Degree	33.7%	39.3%

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As of the latest ACS Survey released in 2023, Lebanon, TN is a predominantly white area, with 83.7% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Lebanon, TN is hispanic, making up 7.1% of the population. Foreign-born residents account for 4.7% of the population in Lebanon, TN, and this percentage has increased by 176.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.7%	-10.3%
% Black	4.8%	54.8%
% Hispanic	7.1%	136.7%
% Asian	1.2%	200.0%
% Foreign Born	4.7%	176.5%

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Mortgage and Risk — Lebanon, TN

According to HUD data as of 2023, there were 243 mortgage originations in Lebanon, TN, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Lebanon, TN. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	243
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Lebanon, TN

As of 2024, the percent of homes in Lebanon, TN under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lebanon, TN, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	6
Total Units Section 8	6
% Rentals under Section 8	0.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$260	$1,300	$1,560
2 Bedroom	$210	$1,520	$1,730
3 Bedroom	$240	$1,940	$2,180
4 Bedroom	$60	$2,620	$2,680

Lebanon, TN—37090

Key Metrics at a Glance

Other Zip Codes in Lebanon, TN

Home Price Trends — Lebanon, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lebanon, TN

% of Rental Stock

Property Listings — Lebanon, TN

Demographics — Lebanon, TN

Race and Ethnicity

Mortgage and Risk — Lebanon, TN

Mortgages

Rentals and Section 8 — Lebanon, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Lebanon, TN

Home Price to Income Ratio

Lebanon, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Lebanon, TN

Watertown, TN

Lascassas, TN

Mount Juliet, TN

Milton, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.1
Median Home Price	$447,000
Median Household Income	$85,000

Lebanon, TN—37090

Key Metrics at a Glance

Other Zip Codes in Lebanon, TN

Home Price Trends — Lebanon, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lebanon, TN

% of Rental Stock

Property Listings — Lebanon, TN

Demographics — Lebanon, TN

Race and Ethnicity

Mortgage and Risk — Lebanon, TN

Mortgages

Rentals and Section 8 — Lebanon, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Lebanon, TN

Home Price to Income Ratio

Lebanon, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Lebanon, TN

Watertown, TN

Lascassas, TN

Mount Juliet, TN

Milton, TN

Frequently Asked Questions

What is the average home price in Lebanon, TN 37090?

How have home prices in Lebanon, TN 37090 changed over the past year?

What is the home price projection for Lebanon, TN 37090?

What are the demographics of Lebanon, TN 37090?

How long does it take homes to sell in Lebanon, TN 37090?

What is the average rent price in Lebanon, TN 37090?