Lebanon, PA metro area Housing Market

Warm Market

Comprehensive housing market data for the Lebanon, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$306K

7.3% YoY

Days on Market

29 days

190.0% YoY

Active Inventory

259

18.3% YoY

Homes Sold

102

8.1% YoY

Warm Market

The market is active with moderate buyer demand.

Lebanon, PA metro area Market Summary

The Lebanon, PA metro area housing market is heating up. As of January 2026, the median home sale price is $306K, up 7.3% year-over-year. Homes are spending a median of 29 days on the market, 190.0% longer than a year ago.

There are 259 homes for sale — 18.3% more than last year. With 2.5 months of supply, this is a seller's market. 130 new listings were added during this period, up 7.4% year-over-year.

Homes are selling for 100.4% of their list price on average, indicating buyers are paying above asking. 39.2% of homes sell above their asking price. 21.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

53

Contributing Factors

Months of Supply 2.5
Days on Market 29
Price Drops 21.2%
Sale-to-List Ratio 100.4%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 27.7%
Days on Market (National: 66) 56.1%
Inventory (National: 1,210,379) 100.0%

vs. Pennsylvania Median

Median Price (Pennsylvania: $300K) 2.0%
Days on Market (Pennsylvania: 50) 42.0%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 28% below the national median, which could indicate stronger cash flow potential.

Lebanon, PA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$313K

Price per Sq Ft

$181

Sale-to-List Ratio

100.4%

Months of Supply

2.5

Sold Above List

39.2%

Price Drops

21.2%

New Listings

130

7.4% YoY

Pending Sales

102

Off Market in 2 Weeks

56.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.