Lebanon, MO metro area Housing Market Brief
metro · MO · as of August 2026
What is Lebanon, MO metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Lebanon, MO metro area in its market cycle?
Lebanon, MO metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Lebanon, MO metro area?
Our model forecasts Lebanon, MO metro area’s home prices to decline about 15.0% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Lebanon, MO metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $230K | ▼ -9.9% |
| Median Days on Market | 56 days | ▲ +9.8% |
| Months of Supply | 3.4 | ▲ +54.6% |
| Homes for Sale | 127 | ▲ +23.3% |
| Homes Sold | 39 | ▼ -18.7% |
| Median Price / Sq Ft | $153 | ▲ +4.8% |
How has Lebanon, MO metro area’s Alpha Score moved?
Markets like Lebanon, MO metro area
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- Cambridge, MD metro area, MDmetro52
- Mountain Home, AR metro area, ARmetro47
- Norfolk, NE metro area, NEmetro56
- Thomaston, GA metro area, GAmetro60
- West Plains, MO metro area, MOmetro46
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Frequently asked questions
Is Lebanon, MO metro area a buyer's or seller's market?
As of August 2026, Lebanon, MO metro area is classified as a Balanced Market, based on its Alpha Score of 51 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Lebanon, MO metro area?
The median sale price in Lebanon, MO metro area is $230K, having fallen 9.9% over the past year.
How affordable is Lebanon, MO metro area?
Lebanon, MO metro area scores 52 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Lebanon, MO metro area's Alpha Score?
Lebanon, MO metro area's strongest dimension is Economic Strength (63/100) and its weakest is Price Momentum (42/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Lebanon, MO metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.