$5,243 Closing Credit*
$441,500
2,164 SqFt
3 Beds
•2 Full Baths
Jennifer Reycroft, Listing Office: DASH Carolina
Is Lebanon Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$420,000
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,000(+4.7%)
Key Takeaway
Homes in Lebanon Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Lebanon Township was $420,000 in October 2024, up 4.7% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.5K | $300K | -11.1% |
| 3 Bedrooms | $372K | $395K | +6.2% |
| 4 Bedrooms | $500K | $520K | +4.0% |
| 5+ Bedrooms | $542K | $521.5K | -3.8% |
Summary: Lebanon Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Eno Township | $615K | $700K | +13.8% |
| Mangum Township | $502K | $540K | +7.6% |
| Lebanon Township | $401K | $420K | +4.7% |
| Durham Township | $405K | $421.7K | +4.1% |
| Bahama | $493K | $510K | +3.4% |
Housing Supply in Lebanon Township, NC
How many homes are available in Lebanon Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 87 | 0.0% |
Summary: The Lebanon Township real estate market had 87 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 50 | 48 | -4.0% |
| 4 Bedrooms | 31 | 34 | +9.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lebanon Township housing inventory by bedroom type for October 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 decreased by 4%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 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. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Lebanon Township in October 2024, up by 11.8% month-over-month. Of the 19 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 60 Days | +10.8% |
Summary: Homes in Lebanon Township had an average of 60 days on market in Oct 2024, up by 10.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lebanon Township has remained consistent over time.
Summary: During October 2024, 19 homes were sold in Lebanon Township; 37% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.