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Lebanon neighborhood · Boone County

Cedar Ridge

Cedar Ridge is priced close to the Lebanon median, with a median sale price of $392K. The median home sold in 13 days at 98.6% of its final list price. Recent sales feature a good share of new construction.

By median sale price, Cedar Ridge ranks 5 of the 6 Lebanon neighborhoods in this guide, among the more affordable for the area. At about $161 per square foot, against a typical $185 across Lebanon neighborhoods, homes here deliver more space for the money. Homes sold faster than the typical Lebanon neighborhood (13 days versus 80 days).

Market snapshot

Cedar Ridge by the numbers.

$392K
Median sale price
$355K–$440K
Price range
$161
Median price per sq ft
13 days
Median days on market
98.6%
Median sale-to-list
17
Sales in this period

Based on information from the Broker Listing Cooperative® (BLC®), Oct 2025 to Oct 2026, for sales over $350K only, so figures describe the upper part of the market rather than every sale. Information deemed reliable but not guaranteed.

The homes

What you'll find in Cedar Ridge.

The typical recent sale was 2,452 square feet with 4 bedrooms on about 0.16 acres. Most recent sales were new construction, so buyers compare resale homes here directly against builders' model homes and incentives.

Every home is different, and the right price depends on the details. I'll prepare a valuation built from the closest recent sales to yours.

Typical size
2,452 sq ft
Bedrooms
4 (median)
Built
2022–2026
Lot size
0.16 acres (median)
School district
Lebanon Community School Corp
City
Lebanon
Selling in Cedar Ridge

What matters when you sell here.

The homes that sold quickest and closest to asking were priced from the nearest comparable sales and presented well from the first day; the ones that lingered usually started too high.

With builders still active nearby, a resale has to compete on finished extras (basement, landscaping, window treatments, fencing) and on a move-in-ready closing date.

I live in Indianapolis and work these neighborhoods every week. More about selling in Lebanon, or compare a cash offer if you need to sell fast.

Free valuation

Find out what your Cedar Ridge home would sell for.

A custom valuation, prepared, reviewed and refined by me personally, based on recent Cedar Ridge sales. Need to sell fast? I can include a cash offer to compare.

What's my home worth?

Custom-built and personally reviewed by me from recent nearby sales, usually within a day. No obligation.

Thinking of selling… (optional)

Phone or email is fine, whichever you prefer. Your information goes only to me and is never sold or shared.

Got it, thank you.

This comes straight to me, and I'll get back to you personally, usually within a few hours. In a hurry? Call or text me at (317) 654-2593.

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Similar neighborhoods

Nearby price points in Lebanon.

All Lebanon neighborhoods

Questions

Cedar Ridge real estate FAQ.

What is the median home price in Cedar Ridge?

Among 17 recent sales over $350K in Cedar Ridge (Oct 2025 to Oct 2026), the median sale price was $392K, ranging from $355K to $440K.

How fast do homes sell in Cedar Ridge?

The median home sold in 13 days on market, at a median of 98.6% of its final list price.

What school district serves Cedar Ridge?

Most recent sales in Cedar Ridge were in Lebanon Community School Corp. Always confirm school assignment for a specific address.

What is the price per square foot in Cedar Ridge?

About $161 per square foot at the median for recent sales, compared with a typical $185 across Lebanon neighborhoods in this guide. Finished basements, lot and condition move individual homes well above or below that figure.

How do I find out what my Cedar Ridge home is worth?

Request a free valuation and I will build it personally from the closest recent Cedar Ridge sales, adjusted for your home's size, condition, updates and lot, rather than a citywide average or an online estimate. There is no obligation.