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LEBANON, OR 97355

Real Estate Market Report  ·  Linn County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The LEBANON, OR real estate market (97355) currently shows 117 active listings, with 52 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 72 days last year.

The median listing price has fallen 16.4% year-over-year, from $535,000 to $447,470.

Whether you are buying or selling in LEBANON, OR, 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: 32,777  ·  Density: 59.0/mi²  ·  Median household income: $60,478

Typical home value: $299,555  ·  Homeownership: 67.2%

Market Overview

Active Listings
117
⇧ 23.2% vs 95 last year
Pending
52
44% pending ratio
Median Price
$447,470
⇩ 16.4% vs $535,000 last year
Average Price
$541,536
⇩ 12.1% vs $616,004 last year
Days on Market
37
⇩ 48.6% vs 72 days last year

Price Per Square Foot

Median $/sqft
$272
⇩ 0.4% vs $273/sqft last year
Median Home Size
1,584 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 95 last year
  • Days on market: 37 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $447,470 (-16.4% YoY)
  • Average: $541,536 (-12.1% 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 26.6 miles — 309 listings ($196,492,972 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97355Lebanon, OR 973550.0 mi100$51,002,200$415,000$510,022
97374Scio, OR 9737411.3 mi19$17,757,400$767,000$934,600
97386Sweet Home, OR 9738612.3 mi74$29,702,416$362,000$401,384
97389Tangent, OR 9738913.5 mi4$1,525,200$369,900$381,300
97377Shedd, OR 9737714.8 mi3$3,750,000$1,250,000$1,250,000
97348Halsey, OR 9734818.2 mi4$1,693,332$450,000$423,333
97392Turner, OR 9739218.9 mi27$38,897,415$994,950$1,440,645
97325Aumsville, OR 9732520.8 mi14$8,927,254$615,000$637,661
97446Harrisburg, OR 9744621.7 mi14$6,386,800$420,900$456,200
97385Sublimity, OR 9738523.5 mi14$11,320,260$749,000$808,590
97333Corvallis, OR 9733324.5 mi35$24,880,695$646,250$710,877
97329Cascadia, OR 9732925.5 mi0$0$349,900$349,900
97310Salem, OR 9731026.6 mi1$650,000$650,000$650,000

Frequently Asked Questions

How many homes are for sale in LEBANON, OR 97355?

As of February 2026, there are 117 active listings in LEBANON, OR (zip code 97355), compared to 95 the prior year.

What is the median home price in LEBANON, OR 97355?

The median listing price in LEBANON, OR 97355 is $447,470 as of February 2026, a 16.4% decrease from $535,000 the prior year.

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

Homes in LEBANON, OR 97355 spend an average of 37 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in LEBANON, OR 97355?

Based on current inventory and days-on-market data as of February 2026, LEBANON, OR 97355 is currently a Balanced Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 72 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEBANON, OR 97355 save an estimated $8,949 compared to a typical 5% commission on the median listing price of $447,470. 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.