Comprehensive market data and analysis• Updated Oct 2026
11.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | 2 | 4 | 8 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | 1 | 1 | 1 | 2 |
| 50-100 acres | - | 1 | 1 | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 6 | 16 |
Acreage buckets
The median price for land in Lebanon, Indiana is currently $45K per acre. For a typical parcel, the median sale price is $180K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $88K while premium lots reached $1.4M.
Lebanon, Indiana is currently a buyer's market with 11.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Lebanon, Indiana currently has 11.2 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Lebanon, Indiana is 8.9% (3-month basis), indicating moderate demand. The top-performing broker in this market is Berkshire Hathaway Home.
There are currently 15 active listings in Lebanon, Indiana. 2 new listings have hit the market in the last 90 days. The median asking price is $1.2M.
The 3-month absorption rate in Lebanon, Indiana is 8.9%. The 12-month rate is 8.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Lebanon, Indiana stands at $180K. This translates to roughly $45K per acre for the typical parcel size. The average price is $508K, indicating some higher-priced properties pulling up the average.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lebanon on LandyDandy.
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