Lebanon, IL Home Values & Market Trends
Real estate market trends reflect that there have been 109 transactions over the past year in Lebanon. The median value for residential home transactions that occurred over the previous year is $197,556.74. The number of current listings in Lebanon is 10, and the percentage of properties for sale in the city is 10.00%. Lebanon, IL currently has 7 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 10 properties for sale.
Lebanon, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62254 | $ 133,471 $ 81/sqft |
Housing Market Summary for Lebanon, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $279K | $172.2K | -38.28% |
| Median Sold Price | $180K | $172.2K | -4.33% |
| Homes For Sale | 5 | 10 | 100.00% |
| Homes Sold | 76 | 75 | -1.32% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lebanon, IL
Browse Homes in Lebanon, IL
Lebanon home values range from $20,160 to $1,260,400. The median estimated value of a home in Lebanon is $197,556.74. The median list price of a home is 149,450, and the total count of properties in the city is 2,139.
- Pre-ForeclosurePre-foreclosure homes account for 0.23% of all residential properties in Lebanon, IL with 62254 containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lebanon, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $311,165 in 62254 to the lowest home value of $79,821 in 62254.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lebanon, IL ranges from the highest value of $79,900 in 62254 to the lowest value of $25,000 in 62254. Bank owned homes and properties account for 0.09% of properties in Lebanon, IL. There is 1 zips within Lebanon, IL; 62254 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lebanon, IL. Auction homes and other auction properties account for 0% of all properties in Lebanon, IL. There is 1 zips within Lebanon, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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