Market Intelligence Report — PA-140

Lebanon, PA

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

Ref. No: 2026-PA-08
As of the latest 2026 data
Accelerated

Median Listing

$426K
+0.9% YoY

Pending Ratio

0.65
-22.3% YoY

Active Inventory

299
+12.0% YoY

Median DOM

40 Days
-32.8% YoY

Primary Intelligence Tool — Sold Score™

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

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The Lebanon, PA market exhibits accelerated conditions, with a pending ratio of 0.65 indicating strong demand absorption relative to available inventory. Active listings have expanded by 12.0% year-over-year, while the median listing price experienced a modest 0.9% increase over the past year.

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

3.4%-1.1 pp YoY

Unemployment rate · Jul 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 expanded by 12.0% year-over-year, alongside a significant 21.6% increase in new listings over the same period. Despite this growth in supply, demand indicators suggest accelerated activity, as evidenced by a pending ratio of 0.65. The median listing price has increased by 0.9% year-over-year, though it saw a 3.4% month-over-month decline. Median days on market compressed by 32.8% year-over-year, reaching 40 days, reflecting faster transaction paces.

Historical Analysis

Market Trends

Median Price

$426K-3.4% MoM

Active Inventory

299+12.0% YoY

Days on Market

40-32.8% YoY

Sold Score™

73-22.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

73
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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

The current pace favors sellers due to strong demand absorption and quicker sales cycles, with a median days on market of 40. While inventory has grown year-over-year, the high pending ratio suggests that new supply is being met with robust buyer interest, maintaining pressure on available stock and limiting opportunities for buyers to exert price discipline.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

299 active listings represent the current floor, with new supply arriving at roughly 180 per month.

Pricing Pressure
15.0%

of active listings carry a price reduction, +2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.3% year-over-year.

Absorption
0.65

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Lebanon, PA? Homes here are taking 19 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
40 days
Inventory YoY
+12%

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

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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