$2,018 Closing Credit*
$169,900
1,106 SqFt
3 Beds
•1 Full Bath
Heather Pennington, Listing Office: Ownerland Realty, Inc.
Is New Lebanon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, New Lebanon has remained a Seller's Market.
Key Takeaway
New Lebanon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Lebanon, OH
How much do homes in New Lebanon, OH cost?
Median Sold Price
$180,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+7.5%)
Key Takeaway
Homes in New Lebanon have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in New Lebanon was $180,000 in November 2024, up 7.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $138K | $138K | 0.0% |
| 3 Bedrooms | $157.5K | $180K | +14.3% |
| 4 Bedrooms | $275.2K | $221K | -19.7% |
| 5+ Bedrooms | $184.5K | $340K | +84.3% |
Summary: New Lebanon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes increased by 84.3%.
Median Sold Price Compared To Nearby Cities
| Perry Township | $240K | $274.9K | +14.6% |
| New Lebanon | $167.5K | $180K | +7.5% |
| Jackson Township | $194K | $180K | -7.2% |
Housing Supply in New Lebanon, OH
How many homes are available in New Lebanon, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The New Lebanon real estate market had 22 homes for sale in November 2024, a 15.8% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Lebanon, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in New Lebanon in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for New Lebanon, OH
We’re sorry, we don't have information for this market at the moment
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