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: March 2026

Median Sale Price

$282K

4.4% YoY

Days on Market

18 days

5.3% YoY

Active Inventory

247

5.1% YoY

Homes Sold

109

18.7% 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 March 2026, the median home sale price is $282K, down 4.4% year-over-year. Homes are spending a median of 18 days on the market, 5.3% shorter than a year ago.

There are 247 homes for sale — 5.1% more than last year. With 2.3 months of supply, this is a seller's market. 156 new listings were added during this period, down 9.8% year-over-year.

Homes are selling for 99.2% of their list price on average, suggesting room for negotiation. 34.9% of homes sell above their asking price. 27.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

58

Contributing Factors

Months of Supply 2.3
Days on Market 18
Price Drops 27.9%
Sale-to-List Ratio 99.2%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 35.4%
Days on Market (National: 55) 67.3%
Inventory (National: 1,314,690) 100.0%

vs. Pennsylvania Median

Median Price (Pennsylvania: $310K) 8.9%
Days on Market (Pennsylvania: 46) 60.9%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 35% below the national median, which could indicate stronger cash flow potential.

Lebanon, PA metro area Market Trends

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Detailed Market Metrics

Median List Price

$295K

Price per Sq Ft

$176

Sale-to-List Ratio

99.2%

Months of Supply

2.3

Sold Above List

34.9%

Price Drops

27.9%

New Listings

156

9.8% YoY

Pending Sales

131

Off Market in 2 Weeks

58.0%

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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.