$5,807 Closing Credit*
$489,000
2,725 SqFt
5 Beds
•3 Full Baths
Jessica Pham Le, Listing Office: Coldwell Banker HPW
Is Lebanon Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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.
Housing Prices in Lebanon Township, NC
How much do homes in Lebanon Township, NC cost?
Median Sold Price
$419,333
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$19,333(+4.8%)
Key Takeaway
Homes in Lebanon Township have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Lebanon Township was $419,333 in September 2024, up 4.8% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.5K | $275K | -18.5% |
| 3 Bedrooms | $370K | $400.5K | +8.2% |
| 4 Bedrooms | $494.6K | $499K | +0.9% |
| 5+ Bedrooms | $542K | $521.5K | -3.8% |
Summary: Lebanon Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Eno Township | $587K | $704.6K | +20.0% |
| Durham Township | $401.4K | $423K | +5.4% |
| Lebanon Township | $400K | $419.3K | +4.8% |
| Bahama | $507K | $510K | +0.6% |
| Mangum Township | $520K | $515K | -1.0% |
Housing Supply in Lebanon Township, NC
How many homes are available in Lebanon Township, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 75 | 85 | +13.3% |
Summary: The Lebanon Township real estate market had 85 homes for sale in September 2024, a 13.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 41 | 50 | +22.0% |
| 4 Bedrooms | 29 | 29 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Lebanon Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 22%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lebanon Township, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Lebanon Township in September 2024, up by 13.3% month-over-month. Of the 17 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.
Days on Market for Lebanon Township, NC
How long does it take to sell a home in Lebanon Township, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 76 Days | 33 Days | -56.4% |
Summary: Homes in Lebanon Township had an average of 33 days on market in Sep 2024, down by 56.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lebanon Township are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 17 homes were sold in Lebanon Township; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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