Is Lebanon, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lebanon has remained a Seller's Market.
Housing Prices in Lebanon, NH
How much do homes in Lebanon, NH cost?
Median Sold Price
$510,000
$251/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Lebanon was $510,000 in March 2024, up 25.9% from last month, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $365K | - | N/A |
2 Bedrooms | $215K | $372.5K | +73.3% |
3 Bedrooms | $447.5K | $525K | +17.3% |
4 Bedrooms | $636.2K | $426.2K | -33.0% |
5+ Bedrooms | - | $589.5K | N/A |
Summary: Lebanon housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.3%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 33%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lebanon | $405K | $510K | +25.9% |
West Lebanon | $405K | $467.5K | +15.4% |
Hartford | $565K | $365K | -35.4% |
White River Junction | $565K | $365K | -35.4% |
Hanover | $1.2M | $470K | -61.2% |
Housing Supply in Lebanon, NH
How many homes are available in Lebanon, NH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 43 | +48.3% |
Summary: The Lebanon real estate market had 43 homes for sale in March 2024, a 48.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 6 | +500.0% |
2 Bedrooms | 9 | 15 | +66.7% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lebanon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 500%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lebanon in March 2024, up by 44.4% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Lebanon, NH
We’re sorry, we don't have information for this market at the moment