51Alpha

Lebanon, MO metro area Housing Market Brief

metro · MO · as of August 2026

Balanced

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.

Price Momentum20%
-40.142
Inventory Health25%
-24.047
Affordability20%
+24.052
Economic Strength20%
63
Rental Yield15%
+28.251

Where is Lebanon, MO metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

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

MetricValueYoY
Median Sale Price$230K-9.9%
Median Days on Market56 days▲ +9.8%
Months of Supply3.4▲ +54.6%
Homes for Sale127▲ +23.3%
Homes Sold39-18.7%
Median Price / Sq Ft$153▲ +4.8%

How has Lebanon, MO metro area’s Alpha Score moved?

Now: 51
12-period trend
Median sale price · 12 mo

Markets like Lebanon, MO metro area

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.