How Lebanon’s Real Estate Market Has Changed in the Last 5 Years
If you’ve lived in Lebanon for a while, you’ve seen the change — not just in the skyline or new neighborhoods, but in the pace of everything. Five years ago, the housing market looked completely different. Prices were lower, inventory was easier to find, and “multiple offers” were something you heard about in Nashville, not here.
Today, Lebanon sits in a new era of growth — one that’s reshaping what it means to live, buy, and sell in Wilson County.
From Small-Town Steady to Rapid Growth
Between 2019 and 2024, Wilson County’s population grew by more than 15%, outpacing nearly every surrounding county outside of Davidson. Lebanon absorbed a large part of that growth — thanks to its location, school system, and balance of space and accessibility.
In 2019, the average home price in Lebanon hovered just under $300,000. Today, it’s closer to $430,000, with certain pockets — like the west side near Highway 109 and the south side near Hamilton Springs — seeing even faster appreciation.
New construction has kept the market moving, but it hasn’t caught up. Inventory remains tight, and homes under $400,000 continue to move quickly when priced correctly.
Who’s Moving In (and Why It Matters)
A big part of Lebanon’s recent growth has come from families relocating east of Nashville. Many buyers have traded city life for the space and quiet of Wilson County. For them, Lebanon offers something Nashville no longer can — newer homes, more yard space, and a community that still feels personal.
At the same time, long-time residents have found opportunity in that demand — upgrading, downsizing, or cashing out after years of appreciation. The result is a more balanced market that supports both new buyers and existing homeowners.
What This Means for 2025
Lebanon’s real estate market is entering a period of maturity. Prices have stabilized compared to the rapid jumps of 2021–2022, but long-term demand remains strong. Builders continue to invest heavily in new communities, especially along key routes like Hartmann Drive, Coles Ferry Pike, and Highway 231.
For buyers, this means opportunity — not in waiting for a “crash,” but in watching how development and infrastructure evolve. For sellers, it means understanding that the market is still healthy — just more strategic than before.
The Bottom Line
Lebanon’s growth isn’t slowing down — it’s evolving. The city has managed to hold onto its small-town character while expanding in nearly every direction. That balance is exactly what’s kept demand steady and why so many families are choosing to call Wilson County home.