Lebanon First-Time Homebuyer Report for January

Lebanon is a larger than average city in Pennsylvania with 25,477 residents. Its population is also growing faster than others at a 10-year growth rate of 4.1%. Lebanon has an home ownership ratio of 41.9% and a renting ratio of 49.9%. Heading the list of top schools in the city is Cedar Crest High School.

Price Range

Some of the least expensive homes in Pennsylvania are in Lebanon with a median home value of $79,900, while the list prices of available homes is currently at an average of $96,505. Typically, Lebanon accounts for 2.7 sales per month. This time sellers weren't able to find buyers for their properties, resulting in no sales over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Lebanon:

$114K   $119K   $109K  

Typical Dwelling

The typical dwelling in Lebanon is a three-bedroom detached home worth about $121,273. To purchase a similar home, a buyer with good credit and a $24,255 cash down payment could obtain a mortgage with a 3.95% interest rate and a $79 monthly payment. The property tax rate is $13.95 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Berkshire Hathaway Homesale Realty
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Iron Valley Real Estate
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Howard Hanna Johnston Realty
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