Lebanon, SD Real Estate Market Summary – September 8, 2026
In Lebanon, SD, the real estate market has seen a total of 163 homes sold over the last 30 days, averaging about 5 homes sold per day. The average living area for these properties is approximately 2,240 square feet, with a median living area of around 2,037 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 163 |
| Sold Per Day | 5.43 |
| Average SQFT | 2240 |
| Median Sales Price | $430,000 |
| Average Sales Price | $511,799 |
| Average Price Per SQFT | $221 |
| Average Days on Market | 18 |
| Average Year Built | 2012 |
Lebanon, SD Single Family Home Analysis
Within the single-family home segment, 119 properties have been sold recently, with an average living area of 2,459 square feet and a median living area of 2,369 square feet. The average sale price for single-family homes stands at $582,166, while the median price is $496,990.
| Metric | 30 Days |
|---|---|
| Number Sold | 119 |
| Sold Per Day | 3.97 |
| Average SQFT | 2459 |
| Median Sales Price | $496,990 |
| Average Sales Price | $582,166 |
| Average Price Per SQFT | $236 |
| Average Days on Market | 18 |
| Average Year Built | 2010 |
Lebanon, SD Condo & Townhome Analysis
In the condo and townhome market, 42 units have changed ownership, with an average living area of 1,607 square feet and a median living area of 1,501 square feet. The average sale price in this segment is $315,070, and the median is $304,495.
| Metric | 30 Days |
|---|---|
| Number Sold | 42 |
| Sold Per Day | 1.40 |
| Average SQFT | 1607 |
| Median Sales Price | $304,495 |
| Average Sales Price | $315,070 |
| Average Price Per SQFT | $183 |
| Average Days on Market | 19 |
| Average Year Built | 2022 |
Buyer & Seller Analysis
- Homes are selling at a pace of 5.43 per day.
- The average days on market before sale is 18.
- The average sale price across all homes is $511,799.
- Condo and townhome properties have a lower average sale price than single-family homes.
Conclusion
The Lebanon real estate market remains active, with consistent sales across all segments. The data reflects a healthy level of activity, indicating ongoing interest in the area.