Lebanon, TN
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

1

SINGLE FAMILY HOMES

Condos

0

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

1

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE
AT ASKING
UNDER ASKING

HOW MUCH HOMES LISTED FOR?

Median List Prices

$270k
$4k
$200k$244k$288kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
0Homes
1-3
MONTHS
2Homes
OVER
3 MONTHS
0Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

66
DAYS
0%
5564738190NovOctSepAugJulJun

For November 2016, Lebanon, TN has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Lebanon, TN was 161 and 2 homes were sold.