Is North Lebanon Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, North Lebanon Township has remained a Seller's Market.
Housing Prices in North Lebanon Township, PA
How much do homes in North Lebanon Township, PA cost?
Median Sold Price
$300,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Lebanon Township was $300,000 in April 2024, up 11.1% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $86.2K | N/A |
2 Bedrooms | $228.5K | $338.8K | +48.3% |
3 Bedrooms | $250.5K | $289.9K | +15.7% |
4 Bedrooms | $310K | $345K | +11.3% |
5+ Bedrooms | $304.7K | - | N/A |
Summary: North Lebanon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cleona | $180K | $240K | +33.3% |
Lebanon | $180K | $231.7K | +28.7% |
North Lebanon Township | $270K | $300K | +11.1% |
South Lebanon Township | $300K | $277.5K | -7.5% |
Housing Supply in North Lebanon Township, PA
How many homes are available in North Lebanon Township, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 23 | +27.8% |
Summary: The North Lebanon Township real estate market had 23 homes for sale in April 2024, a 27.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 15 | +114.3% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The North Lebanon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 114.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in North Lebanon Township in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for North Lebanon Township, PA
How long does it take to sell a home in North Lebanon Township, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 65 Days | +192.4% |
Summary: Homes in North Lebanon Township had an average of 65 days on market in Apr 2024, up by 192.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in North Lebanon Township; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.