Gillott Home Team

Lebanon, OR 97355

Single-Family Homes

Keller Williams Realty Mid-Willamette



Lebanon, OR 97355

Wed Dec 11 2019
This week the median list price for Lebanon, OR 97355 is $251,450 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 128. Click here to stay informed with the Lebanon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lebanon, OR 97355

Wed Dec 11 2019
This week the median list price for Lebanon, OR 97355 is $251,450 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 128. Click here to stay informed with the Lebanon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lebanon market.
Median List Price $251,450
Per Square Foot $188
Days on Market 85
Price Decreased 35%
Price Increased 2%
Relisted 38%
Inventory 128
Median Rent $1,595
Most Expensive $4,850,000
Least Expensive $16,000
Market Action 32
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$515,000 2,107 5 - 10 acres 3 2 33 1 2 147
$287,000 1,638 6,500 - 8,000 sqft 3 2 17 1 1 79
$236,000 1,234 8,000 - 10,000 sqft 3 1 47 3 1 49
$187,450 1,106 6,500 - 8,000 sqft 3 1 65 3 0 61