Market Intelligence Report — PA-140

Lebanon, PA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PA-09
As of the latest 2026 data
Accelerated

Median Listing

$422K
+0.0% YoY

Pending Ratio

0.65
-2.1% YoY

Active Inventory

318
+4.4% YoY

Median DOM

35 Days
-28.9% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated Lebanon market?

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The Lebanon market is currently Accelerated, with a pending ratio of 0.65 indicating elevated demand relative to available supply. While active listings saw a modest year-over-year increase of 4.4%, prices remained stable over the past year. Days on market saw a significant reduction, falling 28.9% year-over-year, suggesting brisk transaction speeds.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

2.8%-1.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

146,380+0.7% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Lebanon market right now.

Active listings increased by 4.4% year-over-year, while new listings remained unchanged, indicating a gradual expansion of available properties. Despite this, the pending ratio registered at 0.65, demonstrating continued robust absorption of new inventory. Median listing prices showed a slight month-over-month decline of 0.9% but were flat year-over-year, suggesting price stability. The median days on market decreased substantially by 28.9% over the past year, pointing to a faster pace of sales.

Historical Analysis

Market Trends

Median Price

$422K-0.9% MoM

Active Inventory

318+4.4% YoY

Days on Market

35-28.9% YoY

Sold Score™

80-2.1% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

80
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage favors quicker transactions, as evidenced by a low median days on market, which decreased by 28.9% year-over-year. The pending ratio of 0.65 suggests ongoing inventory pressure, encouraging timely offers. Price discipline remains important, with the price-reduced share at 17.3%, although this reflects a 7.2% year-over-year increase in reductions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

318 active listings represent the current floor, with new supply arriving at roughly 136 per month.

Pricing Pressure
17.3%

of active listings carry a price reduction, +7.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.0% year-over-year.

Absorption
0.65

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Lebanon, PA? Homes here are taking 14 days less to sell than last year.

Demand in Lebanon, PA is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
65%
Median Days on Market
35 days
Inventory YoY
+4%

Demand is strong in Lebanon, PA. Check your Sold Score before you price — conditions this favorable don't hold forever.

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The Monthly Briefing

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Metro Demographics

Metro Area
Lebanon, PA
CBSA Code
30140
State
PA

ZIPs in Lebanon, PA

Sorted by active inventory · click a ZIP for its full report