Lebanon, IN 46052 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lebanon, IN—46052

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$286,000

4.6% YoY Growth

Household Income

$66,800

11.5% YoY Growth

Days on Market

30.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$1,550

13.3% YoY Growth

1-Bed Rent

$900

1.8% YoY Growth

2-Bed Rent

$1,190

13.4% YoY Growth

3-Bed Rent

$2,100

9.0% YoY Growth

Home Price Trends — Lebanon, IN

As of Dec '25, the median home price in Lebanon, IN is $286,000, with a year-over-year change of 4.6%. This indicates that home prices in Lebanon, IN are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$286,000	4.6%
Single Family	$289,000	5.1%
Condos	$197,000	5.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lebanon, IN

As of July '25, Rentcast reports the average rent in Lebanon, IN is $1,700, with a year-over-year rent change of 13.3%. Per bedroom, the median rent as of July '25 in Lebanon, IN is studios: $1,300, 1-bedrooms: $958, 2-bedrooms: $1,270, 3-bedrooms: $2,050, 4-bedrooms: $3,330. The most common rental property sizes in Lebanon, IN are 2-bedroom and 1-bedroom, accounting for 39.6% and 34.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,550	$1,700
Studio Rent	$1,300	$1,300
1 Bed Rent	$900	$958
2 Bed Rent	$1,190	$1,270
3 Bed Rent	$2,100	$2,050
4 Bed Rent	$2,500	$3,330

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% of Rental Stock

1 Bedroom

34.9%

2 Bedrooms

39.6%

3 Bedrooms

22.5%

4 Bedrooms

3.0%

Property Listings — Lebanon, IN

As of Dec '25, Realtor.com reports that the median days on market for a home in Lebanon, IN is 48. This is a increase of 22.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$332,000	4.0%
Listing Count	73	49.0%
Listings as % of Homes	0.5%	49.0%
Days on Market	67	30.0%

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Demographics — Lebanon, IN

As of the latest ACS Survey released in 2023, Lebanon, IN has a population of 23,500, which has increased by 5.4% over the past 5 years. Lebanon, IN is a moderately popular place for families, as children make up 22.9% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,500	5.4%
% Under 18	22.9%	7.0%
% Seniors	16.7%	1.2%
% WFH	11.8%	353.8%
% w/ College Degree	26.0%	-11.9%

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As of the latest ACS Survey released in 2023, Lebanon, IN is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 4.9% in the last 5 years. The second most common race or ethnicity in Lebanon, IN is hispanic, making up 5.8% of the population. Foreign-born residents account for 2.6% of the population in Lebanon, IN, and this percentage has increased by 62.5% 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	90.8%	-4.9%
% Black	1.0%	42.9%
% Hispanic	5.8%	163.6%
% Asian	0.2%	100.0%
% Foreign Born	2.6%	62.5%

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Mortgage and Risk — Lebanon, IN

According to HUD data as of 2023, there were 579 mortgage originations in Lebanon, IN, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Lebanon, IN. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	579
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Lebanon, IN

As of 2024, the percent of homes in Lebanon, IN under the Section 8 program is 6.5%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Lebanon, IN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	157
Total Units Section 8	157
% Rentals under Section 8	6.5%
% Occupied Section 8	92.5%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$140	$900	$1,040
2 Bedroom	$30	$1,190	$1,220
3 Bedroom	-$510	$2,100	$1,590
4 Bedroom	-$580	$2,500	$1,920

Lebanon, IN—46052

Key Metrics at a Glance

Home Price Trends — Lebanon, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lebanon, IN

% of Rental Stock

Property Listings — Lebanon, IN

Demographics — Lebanon, IN

Race and Ethnicity

Mortgage and Risk — Lebanon, IN

Mortgages

Rentals and Section 8 — Lebanon, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Lebanon, IN

Home Price to Income Ratio

Lebanon, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Whitestown, IN

Thorntown, IN

Advance

Pittsboro, IN

Jamestown, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.8
Median Home Price	$286,000
Median Household Income	$66,800

Lebanon, IN—46052

Key Metrics at a Glance

Home Price Trends — Lebanon, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lebanon, IN

% of Rental Stock

Property Listings — Lebanon, IN

Demographics — Lebanon, IN

Race and Ethnicity

Mortgage and Risk — Lebanon, IN

Mortgages

Rentals and Section 8 — Lebanon, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Lebanon, IN

Home Price to Income Ratio

Lebanon, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Whitestown, IN

Thorntown, IN

Advance

Pittsboro, IN

Jamestown, IN

Frequently Asked Questions

What is the average home price in Lebanon, IN 46052?

How have home prices in Lebanon, IN 46052 changed over the past year?

What is the home price projection for Lebanon, IN 46052?

What are the demographics of Lebanon, IN 46052?

How long does it take homes to sell in Lebanon, IN 46052?

What is the average rent price in Lebanon, IN 46052?