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LEBANON, IL 62254

Real Estate Market Report  ·  Saint Clair County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LEBANON, IL real estate market (62254) currently shows 14 active listings, with 9 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 43 days on market compared to 73 days last year.

The median listing price has risen 16.2% year-over-year, from $242,500 to $281,850.

Whether you are buying or selling in LEBANON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,586  ·  Density: 62.2/mi²  ·  Median household income: $89,933

Typical home value: $172,413  ·  Homeownership: 71.2%

Market Overview

Active Listings
14
⇩ 17.6% vs 17 last year
Pending
9
64% pending ratio
Median Price
$281,850
⇧ 16.2% vs $242,500 last year
Average Price
$322,628
⇩ 7.7% vs $349,643 last year
Days on Market
43
⇩ 41.1% vs 73 days last year

Price Per Square Foot

Median $/sqft
$138
⇩ 4.8% vs $145/sqft last year
Median Home Size
2,364 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 17 last year
  • Days on market: 43 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $281,850 (+16.2% YoY)
  • Average: $322,628 (-7.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.0 miles — 362 listings ($109,016,403 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62254Lebanon, IL 622540.0 mi10$3,445,710$325,000$344,571
62293Trenton, IL 622936.6 mi15$4,219,380$212,500$281,292
62294Troy, IL 622947.1 mi38$17,898,988$487,800$471,026
62234Collinsville, IL 6223410.1 mi65$15,568,475$177,500$239,515
62232Caseyville, IL 6223210.2 mi35$12,462,975$382,000$356,085
62258Mascoutah, IL 6225810.6 mi36$13,084,884$292,000$363,469
62062Maryville, IL 6206211.2 mi28$11,101,468$402,500$396,481
62061Marine, IL 6206112.7 mi7$3,359,475$462,450$479,925
62249Highland, IL 6224913.0 mi28$7,239,904$240,000$258,568
62220Belleville, IL 6222013.1 mi78$14,813,604$139,950$189,918
62243Freeburg, IL 6224313.8 mi14$4,546,640$324,950$324,760
62245Germantown, IL 6224513.9 mi4$1,210,000$302,500$302,500
62204East Saint Louis, IL 6220415.0 mi4$64,900$13,450$16,225

Frequently Asked Questions

How many homes are for sale in LEBANON, IL 62254?

As of February 2026, there are 14 active listings in LEBANON, IL (zip code 62254), compared to 17 the prior year.

What is the median home price in LEBANON, IL 62254?

The median listing price in LEBANON, IL 62254 is $281,850 as of February 2026, a 16.2% increase from $242,500 the prior year.

How long do homes stay on the market in LEBANON, IL?

Homes in LEBANON, IL 62254 spend an average of 43 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in LEBANON, IL 62254?

Based on current inventory and days-on-market data as of February 2026, LEBANON, IL 62254 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 73 days last year.

How much can I save on real estate commission in LEBANON, IL?

With SELL123.com's maximum 3% commission, sellers in LEBANON, IL 62254 save an estimated $5,637 compared to a typical 5% commission on the median listing price of $281,850. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.