Is Lebanon Township, NC a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Lebanon Township is a seller'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



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

# BEDSMay 2022May 2023%
1 $143.5K-
2 $178K$305K
3 $347.5K$363.4K
4 $422K$500K
5+ $640K$530.3K

Median Sold Price Compared To Nearby Cities

Mangum Township
Eno Township
Durham Township
Lebanon Township

How many homes are available in Lebanon Township, NC?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 33
3 3339
4 2229
5+ 55

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2022May 2023%
16 Days8 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lebanon Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Lebanon Township, NC?

About Lebanon Township, NC

Lebanon Township, NC has 76 homes for sale to choose from. In May 2023 in Lebanon Township, NC there were 20.6% more homes for sale than in April 2023. In May 2023, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $390,000. Listing prices have changed in this real estate market between April 2023 and May 2023: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 71.3% more expensive, 3 bedrooms properties became 4.6% more expensive, the cost of 4 bedrooms properties went up by 18.5%, 5 bedrooms properties became 17.1% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes have not changed, 3 bedrooms homes became 18.2% more available, the quantity of 4 bedrooms homes went up by 31.8%, number of 5 bedrooms homes remained the same. In May 2023, from all listings sold in Lebanon Township, NC there were more than 15 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price.