Sep 2026
$306K
-0.7% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Lebanon, PA housing market
Lebanon, PA metro median sale price $306K in Sep 2026, down 0.7% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Lebanon, PA metro is $306K as of Sep 2026, down 0.7% from a year earlier. The decline is steeper than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 1.3% through Q2 2026.
On median sale price, Lebanon ($306K) ranks 8th of the 16 Pennsylvania metros Pecan Street tracks, between York ($311K) and Harrisburg ($306K). On median days on market, Lebanon (35 days) ranks 15th of the 16 Pennsylvania metros, between Reading (36 days) and Lancaster (29 days). On share of listings with a price cut, Lebanon (36%) ranks 15th of the 16 Pennsylvania metros, between Allentown (37%) and State College (33%).
Listings spent a median 35 days on market in Sep 2026, the 8th-fewest of the 385 metros. 36% of active listings carry a price cut, 8.4 points more than a year earlier.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,680 a month; at 28% of gross income, that takes about $72K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio up 2.4% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $212 per square foot, down 1.6% from a year earlier.
Median list prices are higher than a year earlier in two of the four ZIP codes in the table below and lower in two.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,680/mo
$72K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Lebanon compares to other U.S. metros
| Days on market | ↓378th of 385 |
|---|---|
| Home-price growth | ↓309th of 383 |
| Price-to-rent | ↓230th of 373 |
| Price cuts | 210th of 385 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 +2.4% YoY ↓230th of 373 |
|---|---|
| Asking price / sq ft | $212 -1.6% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 36% +8.4 pts YoY 210th of 385 |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 4 shown of 11 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 2.0ppRedfin (metro) -0.7% | FHFA HPI · Q2 2026 +1.3% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 17003 | $362K↑ | 29↓ | 12↑ | 12↑ | 66↓ | $386K↑ |
| 17042 | $439K↑ | 125↓ | 54↑ | 40↑ | 49↓ | $310K↑ |
| 17046 | $410K↓ | 67↑ | 20↑ | 18↓ | 30↓ | $265K↑ |
| 17078 | $364K↓ | 53↑ | 20↑ | 26↑ | 34↓ | $352K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.