Lebanon, MO—65536
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lebanon, MO
As of Oct '25, the median home price in Lebanon, MO is $218,000, with a year-over-year change of 2.5%. This indicates that home prices in Lebanon, MO are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $218,000 | 2.6% |
| Single Family | $218,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | 0.8% |
3 Bed | $214,000 | 4.4% |
4 Bed | $299,000 | 3.5% |
| 5 Bed | $415,000 | 2.2% |
% of Housing Stock
Rental Trends — Lebanon, MO
As of July '25, Rentcast reports the average rent in Lebanon, MO is $993, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Lebanon, MO is studios: $1,500, 1-bedrooms: $920, 2-bedrooms: $842, 3-bedrooms: $1,190. The most common rental property sizes in Lebanon, MO are 3-bedroom and 2-bedroom, accounting for 35.9% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $993 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $700 | $920 |
| 2 Bed Rent | $750 | $842 |
| 3 Bed Rent | $1,300 | $1,190 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lebanon, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Lebanon, MO is 47. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $294,000 | 17.0% |
Listing Count | 142 | -13.0% |
| Listings as % of Homes | 0.6% | -13.0% |
Days on Market | 47 | -4.0% |
Demographics — Lebanon, MO
As of the latest ACS Survey released in 2023, Lebanon, MO has a population of 29,700, which has increased by 1.5% over the past 5 years. Lebanon, MO is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 15.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,700 | 1.5% |
% Under 18 | 25.0% | -0.4% |
% Seniors | 17.7% | 2.3% |
% WFH | 3.8% | 0.0% |
% w/ College Degree | 15.8% | 9.0% |
As of the latest ACS Survey released in 2023, Lebanon, MO is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Lebanon, MO is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.5% of the population in Lebanon, MO, and this percentage has increased by 36.4% 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 | 90.3% | -3.3% |
% Black | 0.8% | 33.3% |
% Hispanic | 2.9% | 20.8% |
% Asian | 0.8% | 166.7% |
% Foreign Born | 1.5% | 36.4% |
Mortgage and Risk — Lebanon, MO
According to HUD data as of 2023, there were 604 mortgage originations in Lebanon, MO, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Lebanon, MO. Investor activity is low, as 2.0% 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 | 604 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Lebanon, MO
Lebanon, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 436 |
Total Units Section 8 | 274 |
% Rentals under Section 8 | 7.7% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $700 | $640 |
| 2 Bedroom | $90 | $750 | $840 |
| 3 Bedroom | -$180 | $1,300 | $1,120 |
| 4 Bedroom | N/A | N/A | $1,400 |
Affordability — Lebanon, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $218,000 |
| Median Household Income | $50,900 |