$1,425 Closing Credit*
$120,000
816 SqFt
2 Beds
•1 Full Bath
Austin Doat, Listing Office: eXp Realty
Is New Lebanon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, New Lebanon was a Seller's Market.
Key Takeaway
New Lebanon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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 October 2023
+$20,000(+12.5%)
Key Takeaway
Homes in New Lebanon have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in New Lebanon was $180,000 in October 2024, up 12.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $136.5K | +30.0% |
| 3 Bedrooms | $153K | $179.9K | +17.6% |
| 4 Bedrooms | $275.2K | $221K | -19.7% |
| 5+ Bedrooms | $184.5K | $340K | +84.3% |
Summary: New Lebanon 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 increased by 30%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes increased by 84.3%.
Median Sold Price Compared To Nearby Cities
| New Lebanon | $160K | $180K | +12.5% |
| Perry Township | $240K | $263.1K | +9.6% |
| Jackson Township | $192K | $180K | -6.3% |
Housing Supply in New Lebanon, OH
How many homes are available in New Lebanon, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The New Lebanon real estate market had 20 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Lebanon 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Lebanon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in New Lebanon in October 2024, down by 57.1% 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
We’re sorry, we don't have information for this market at the moment
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