Lebanon

Lebanon By The Numbers

MLS data for Center Township

Homes Listed64Average daily inventory
Days On Market40List to under contract
Median Sale Price$347,900Closed sales, September
One Year Change+12.2%September 2025 to September 2026
Sale Price vs List95.4%Share of asking price
Median sale price in context
Lebanon $347,900
Indiana $278,000
United States $417,500

City averages are a starting point. What your house is worth depends on the block, the floor plan, and the condition.

What Is Your Home Worth

Source: Indiana Association of REALTORS, MLS data for Center Township. September 2026, updated monthly. These figures describe the area as a whole and are not an estimate of any individual home.

Map of Lebanon neighborhoods shaded by median sale price
Neighborhood Map

Lebanon Neighborhoods

What homes actually sold for in 28 neighborhoods over the last two years, shaded by median sale price.

Explore The Map
Daily Life

What is around you in Lebanon

What sits inside the Lebanon city limits, how long the drives are, and which schools serve it.

43Restaurants
6Coffee shops
4Grocery stores
7Parks
0Golf courses
7Gyms and studios
1Doctors and urgent care
4Arts and culture

Drive Times

From the center of town, without traffic

Nearest emergency roomWitham Hospital5 min2.1 mi
Lilly Lebanon (LEAP)15 min5.4 mi
Downtown Indianapolis38 min27.6 mi
Lilly headquarters40 min30.1 mi
Indianapolis airport47 min32.8 mi
Purdue campus50 min37.7 mi

Public Schools

Districts that cover part of Lebanon, by share of its area

Lebanon Community School Corporation6 schools · 3,701 students · 86% of Lebanon15.4per teacher
Western Boone County Community School Corporation3 schools · 1,574 students · 14% of Lebanon16.4per teacher

Sources: Overture Maps Foundation places data (2026-09-23), counted inside the U.S. Census boundary (Marion County for Indianapolis). Drive times from OpenStreetMap routing, no traffic. Emergency rooms from OpenStreetMap. Schools from the National Center for Education Statistics, 2024 to 2025 school year, and Census school district boundaries. Updated October 2026. Counts describe the city as a whole and change as businesses open and close.

← All communities

More about Lebanon

Lebanon is anchored by its heritage, a historic courthouse square surrounded by a grid of established streets. At its edges, farmland is turning into new neighborhoods. It is a town where the economic shift is visible from one year to the next.

That change is the story. Major investment is arriving in Boone County through the LEAP Innovation District, with more than eighteen billion dollars committed by Eli Lilly alone, bringing life sciences, technology, and advanced manufacturing into the local economy. For a buyer, that is a chance to get ahead of the curve rather than behind it.

It is the ideal fit for buyers who want small-town bones with growth heading toward them, and for sellers who may be sitting on more equity than they realize.

17,575Population
7,517Homes
3.0%Vacancy rate
69% / 31%Own vs. Rent

U.S. Census Bureau, American Community Survey 2019–2023 five-year estimates.

From the Journal Lebanon, Indiana: the county seat with the world's largest limestone columns · Taking a job at the Lebanon campus? Start with the housing math

Next Step

Make your move in Lebanon
with clarity.