$7,244 Closing Credit*
$610,000
1,392 SqFt
Maria Natalie O'Neill, Listing Office: Howard Hanna Krall Real Estate
Is North Lebanon Township, PA 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, North Lebanon Township was a Seller's Market.
Key Takeaway
North Lebanon Township 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 North Lebanon Township, PA
How much do homes in North Lebanon Township, PA cost?
Median Sold Price
$300,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+5.3%)
Key Takeaway
Homes in North Lebanon Township have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in North Lebanon Township was $300,000 in October 2024, up 5.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86.2K | $17K | -80.3% |
| 2 Bedrooms | $225.5K | $354.9K | +57.4% |
| 3 Bedrooms | $274.5K | $287.4K | +4.7% |
| 4 Bedrooms | $340K | $345K | +1.5% |
| 5+ Bedrooms | $299.5K | $315K | +5.2% |
Summary: North Lebanon Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 80.3%, 2 bedroom homes increased by 57.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Lebanon | $217.7K | $245K | +12.5% |
| North Lebanon Township | $285K | $300K | +5.3% |
| South Lebanon Township | $271.2K | $277.5K | +2.3% |
Housing Supply in North Lebanon Township, PA
How many homes are available in North Lebanon Township, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 38 | -9.5% |
Summary: The North Lebanon Township real estate market had 38 homes for sale in October 2024, a 9.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 20 | 20 | 0.0% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Lebanon Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Lebanon Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in North Lebanon Township in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for North Lebanon Township, PA
How long does it take to sell a home in North Lebanon Township, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 14 Days | -40.9% |
Summary: Homes in North Lebanon Township had an average of 14 days on market in Oct 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Lebanon Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in North Lebanon Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
