Is New Lebanon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, New Lebanon has remained a Seller's Market.
Housing Prices in New Lebanon, OH
How much do homes in New Lebanon, OH cost?
Median Sold Price
$176,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in New Lebanon was $176,500 in June 2024, up 10.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $109K | $122K | +11.9% |
3 Bedrooms | $150K | $175K | +16.7% |
4 Bedrooms | $219.9K | $249.9K | +13.6% |
5+ Bedrooms | $269.8K | $195K | -27.7% |
Summary: New Lebanon housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 27.7%.
Median Sold Price Compared To Nearby Cities
New Lebanon | $160K | $176.5K | +10.3% |
Perry Township | $235K | $250K | +6.4% |
Jackson Township | $185K | $190K | +2.7% |
Housing Supply in New Lebanon, OH
How many homes are available in New Lebanon, OH?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Summary: The New Lebanon real estate market had 10 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The New Lebanon housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in New Lebanon in June 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for New Lebanon, OH
How long does it take to sell a home in New Lebanon, OH?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
97 Days | 57 Days | -40.9% |
Summary: Homes in New Lebanon had an average of 57 days on market in Jun 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in New Lebanon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.