January's First-Time Homebuyer Report for Lebanon County

Lebanon County has a cost of living adjustment score of 100.4, which is expensive when compared to others in Pennsylvania. Also, the area is considered affluent with a median income of $49,828 per household. Lebanon, Palmyra, and Annville are its three most populated cities. With a median age of 43 years, homes in Lebanon County tend to be older than most. The best school in the county is Cornwall Elementary School.

Price Range

Homes in Lebanon County are generally more expensive than others in the state with a median home value of $146,700 and an average list price of $187,569. The Lebanon County market slowed with a 10.5% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 17.5 monthly average with 17 homes sold.

Make sure you take a look at these eye-catching homes in Lebanon County that generated the most views from potential buyers:

$199K   $149K   $1.4M  

Typical Dwelling

A three-bedroom detached home valued around $181,439 is considered a typical dwelling in Lebanon County. If a buyer was looking for a similar home, they would need good credit and a $36,288 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $945 and the property tax rate is $13.95 per $1,000 of taxable assessed value.

Get started right now by checking out Lebanon County homes for sale or reviewing Lebanon County real estate trends.


Data reported through 1/12/2017

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