$4,156 Closing Credit*
$350,000
1,060 SqFt
2 Beds
•2 Full Baths
Melissa Robinson, Listing Office: Coldwell Banker LIFESTYLES - Hanover
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
Last month, Lebanon was a Buyer's Market.
Key Takeaway
Lebanon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lebanon, NH
How much do homes in Lebanon, NH cost?
Median Sold Price
$460,000
$292/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$45,000(-8.9%)
Key Takeaway
Homes in Lebanon have sold for 8.9% less than they did a month ago.
Summary: The median home sold price in Lebanon was $460,000 in November 2024, down 8.9% from last month, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $509K | $313.5K | -38.4% |
| 3 Bedrooms | $452.5K | $536K | +18.5% |
| 4 Bedrooms | - | $580K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lebanon housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.4%, 3 bedroom homes increased by 18.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lebanon | $505K | $460K | -8.9% |
| Hartford | $425K | $322.5K | -24.1% |
| Hanover | $887K | $663.5K | -25.2% |
| White River Junction | $430K | $310K | -27.9% |
Housing Supply in Lebanon, NH
How many homes are available in Lebanon, NH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Lebanon real estate market had 33 homes for sale in November 2024, a 10.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lebanon housing inventory by bedroom type for November 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 21.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 15 | +400.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lebanon, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Lebanon in November 2024, up by 400.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.
Days on Market for Lebanon, NH
We’re sorry, we don't have information for this market at the moment
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