| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $422,100 | 0.0% YoY |
| Median price per sq ft | $212 | 1,831 sq ft median |
| Median days on market | 35 | -29% YoY |
| Active listings | 318 | +4% YoY |
| New listings this month | 136 | September 2026 |
| Listings with a price cut | 17% | Share of active |
| Median sale price (closed) | $295,000 | -9.9% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 100.3% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 64.9% | 206 pending |
| Inventory vs 2019 | 94% | Active listings vs same month in 2019 |
| Gross rental yield | 4.0% | 2BR fair market rent |
Metropolitan market · Pennsylvania · September 2026 data
What is the Lebanon, PA real estate market doing?
As of September 2026, the median home listed in Lebanon, PA asks $422,100, unchanged year over year. Homes spend a median of 35 days on market, with 318 active listings and 17% carrying a price cut; pending contracts equal 65% of active listings, and inventory sits at 94% of the same month in 2019 — a seller's market. Estimated gross rental yield on the median listing is 4.0%. Figures come from public records and industry data, updated monthly.
Median listing price
$422,100
0.0% YoY
Median $ / sq ft
$212
1,831 sq ft median
Median days on market
35
September 2026
Active listings
318
For sale now
New listings
136
September 2026
Listings with price cuts
17%
Share of active
Inventory vs 2019
94%
Same month, 2019 = 100
Pending / active
65%
Contract activity
Median sale price (closed)
$295,000
▼ 9.9% YoY · closed sales · July 2026
Sale-to-list ratio
100.3%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
175
Closed sales · July 2026, seasonally adjusted
What is the Lebanon, PA housing market doing right now?
The Lebanon, PA housing market lists at a $422,100 median as of September 2026, unchanged year over year, with a 35-day median market time and 318 homes for sale (17% with a price cut). Active inventory is 94% of the 2019 level, reading as a seller's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.0%.
Lebanon housing market statistics
The table summarizes Lebanon's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Lebanon.
How have home prices changed in Lebanon?
Lebanon home prices are unchanged year over year and -0.9% month over month as of September 2026, at a $422,100 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Lebanon PA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Lebanon PA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Lebanon?
Lebanon has 318 active listings, 136 new this month, 206 pending as of September 2026. About 17% of active listings have cut their price, and inventory sits at 94% of its 2019 level — a seller's market by pace.
Is Lebanon a good real estate investment?
Lebanon scores 60/100 on WealthyBud's composite Investor Score, ranking #257 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
60/100
#257 of 933 covered metros
Price volatility
Low
σ 5.1% · 20-yr price-index swings
Lebanon scores 60/100 on our composite Investor Score (#257 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 62% over five years and +106% over ten, leaving prices 53% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,411/mo for a two-bedroom, the gross rental yield on the median listing is about 4.0%; active inventory sits at 94% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are unchanged year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Lebanon ranks on the trending markets index.
How much is a monthly mortgage payment in Lebanon?
A home at Lebanon's $422,100 median listing runs about $2,310 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$2,086/mo
−$225/mo vs today
At today's rate · 7.28%
$2,310/mo
National weekly average
If rates rise 1% · 8.28%
$2,544/mo
+$234/mo vs today
Principal & interest on the $422,100 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Lebanon?
To buy Lebanon’s $422,100 median listing with 20% down, a household needs about $120,000 a year in gross income, keeping principal, interest and property tax ($2,803/mo) at 28% of income. That is 1.6× the area’s $76,350 median household income, so a typical Lebanon household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $422,100 | September 2026 |
| Down payment (20%) | $84,420 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $2,310/mo | Rate as of 2026-10-01 |
| Property tax (1.40% effective rate) | $492/mo | Census ACS |
| Income needed (28% rule) | $120,000 | Gross household income / yr |
| Median household income | $76,350 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Lebanon housing market?
Longer-run demand in Lebanon shows up in 506 homes permitted in 2025; net migration of +319 residents; +2.8% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
506
▲ 60.6% vs 2024
3.5 per 1,000 residents
Net migration (2022–2023)
+319
▲ people, via tax-return records
net income flow +$9.46M/yr
Job growth (YoY)
+2.8%
▲ 58.2k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadLebanon housing market FAQ
What is the median home price in Lebanon?
As of September 2026, the median listing price in Lebanon, PA is $422,100, unchanged year over year (source: public records and industry data). Figures cover the Lebanon, PA metro area.
How much does it cost to buy a home in Lebanon?
The median home listed in Lebanon asks $422,100 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,310 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Lebanon?
The median property in Lebanon spends 35 days on the market, with 318 homes actively listed and 17% of them carrying a price cut — a seller's market as of September 2026.
Is it a buyer's or seller's market in Lebanon?
With a median 35 days on market and 17% of active listings carrying a price cut, pending contracts at 65% of active listings, Lebanon reads as a seller's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Lebanon a good place to invest in real estate?
Lebanon scores 60/100 on WealthyBud's Investor Score, ranking #257 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Lebanon?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Lebanon and the wider Pennsylvania market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Lebanon, PA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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