Lebanon, PA Home Values & Market Trends

Real estate market trends reflect that there have been 1,143 transactions over the past year in Lebanon. The median value for residential home transactions that occurred over the previous year is $243,997.26. The number of current listings in Lebanon is 51, and the percentage of properties for sale in the city is 51.00%. Lebanon, PA currently has 11 properties in foreclosure, 2 bank owned properties, 8 properties headed for auction, and 51 properties for sale.

Lebanon, PA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
17042

$ 390,000

$ 138/sqft

17046

$ 169,622

$ 114/sqft

Housing Market Summary for Lebanon, PA

Apr 2023March 2024Change
Median Listing Price$234.9K$214.9K-8.52%
Median Sold Price$184.8K$214.9K16.26%
Homes For Sale354220.00%
Homes Sold523502-4.02%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lebanon, PA

Lebanon home values range from $19,814 to $4,180,029. The median estimated value of a home in Lebanon is $243,997.26. The median list price of a home is 199,900, and the total count of properties in the city is 23,044.

Foreclosure
There are 2 zips within Lebanon, PA; within these zips, the median estimated home value for homes in foreclosure ranges from $323,761 in 17042 to the lowest value of $149,041 in 17042. Foreclosure homes account for 0.00% of properties in Lebanon, PA with 17042 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Lebanon, PA with 17042 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lebanon, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $265,858 in 17042 to the lowest home value of $265,858 in 17042.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lebanon, PA ranges from the highest value of $166,138 in 17046 to the lowest value of $165,952 in 17042. Bank owned homes and properties account for 0.01% of properties in Lebanon, PA. There are 2 zips within Lebanon, PA; 17046 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    17046 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Lebanon, PA. Auction homes and other auction properties account for 0.03% of all properties in Lebanon, PA. There are 2 zips within Lebanon, PA; of those zips, the median estimated home value for homes going to auction ranges from $323,761 in 17046 to the lowest value of $149,041 in 17046.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.22% of residential properties in Lebanon, PA with 17042 containing 26 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Lebanon, PA; homes for sale in those zips, have a range of median values from $1,295,000 in 17042 to the lowest value of $74,272 in 17046.
    Sold Homes
    The median value for recently sold homes ranges from $3,596,113 in 17042 to the lowest price of $28,725 in 17042. There are 2 zips within Lebanon, PA. 17042 has 305 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.26% of properties in Lebanon, PA.

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      Guide for Lebanon, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Lebanon, PA

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