Is Lebanon Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Lebanon Township has remained a Seller's Market.
Key Takeaway
Lebanon Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Lebanon Township, NC cost?
Median Sold Price
$390,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Key Takeaway
Homes in Lebanon Township have sold for 2.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $143.5K | - | N/A |
| 2 Bedrooms | $178K | $305K | +71.3% |
| 3 Bedrooms | $347.5K | $363.4K | +4.6% |
| 4 Bedrooms | $422K | $500K | +18.5% |
| 5+ Bedrooms | $640K | $530.3K | -17.1% |
Median Sold Price Compared To Nearby Cities
| Mangum Township | $435K | $505K | +16.1% |
| Eno Township | $524.7K | $575K | +9.6% |
| Durham Township | $365.9K | $399.9K | +9.3% |
| Lebanon Township | $379.7K | $390K | +2.7% |
How many homes are available in Lebanon Township, NC?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 63 | 76 | +20.6% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 33 | 39 | +18.2% |
| 4 Bedrooms | 22 | 29 | +31.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 19 | 21 | +10.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lebanon Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.
How long does it take to sell a home in Lebanon Township, NC?
How long does it take to sell a home in Lebanon Township, NC?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 16 Days | 8 Days | -48.4% |
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lebanon Township are selling fast, if you're buying plan to act quickly.
Copyright © 2023 Triangle MLS, Inc. of North Carolina. All rights reserved. 
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2023 Longleaf Pine REALTORS®, Inc. All rights reserved.