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Featured local agent — Lebanon, NJ
Sarah Mitchell
Compass Real Estate · Lebanon, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lebanon, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$430,000median sale price
How is the Lebanon, NJ housing market right now?
The median home sale price in Lebanon, NJ is $430,000, down 27.7% year-over-year. Homes sell in an average of 11 days with 5 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lebanon a buyer's or seller's market?
Lebanon, NJ is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
11
Fast-moving
Active listings
5
0.7 months supply
Sale-to-list
102.7%
Above asking
What does the Lebanon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $430,000 |
| Median list price | $455,000 |
| Year-over-year price change | -27.7% |
| Average days on market | 11 days |
| Active inventory | 5 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 102.7% |
| Median price per sq ft | $262/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 8 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lebanon by property type?
How the Lebanon, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $444,950 | $267/sq ft | 6 | 11 days |
| Condo / Co-op | $358,000 | — | 1 | 35 days |
| Townhouse | $180,000 | $135/sq ft | 1 | 22 days |
Source: Redfin · Updated monthly
The Lebanon housing market is currently classified as a strong seller's market with a median sale price of $430,000. Prices have fallen 27.7% compared to last year, with homes spending an average of 11 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lebanon
There are currently 5 homes listed for sale in Lebanon, New Jersey. The median listing price is $455K.
Active listings
5
Homes on market
Median list price
$455K
Avg. days on market
11
Days until sale
New this week
8
Newly listed
Who lives in Lebanon?
Population
1,664
Median income
$108,672/yr
Median age
47.7 years
Owner-occupied
54.6%
College grads
57.8%
Avg commute
36.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Lebanon?
Lebanon is a community of approximately 2K residents with a median age of 47.7 years.The median household income is $108,672, which reflects a relatively affluent area with strong earning potential. 57.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 54.6%, showing a blend of owner and renter-occupied properties. The average commute time is 36.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lebanon offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lebanon?
3 schools tracked · 848 students
The largest public schools serving Lebanon, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Patrick McGaheran
Grades PK-2 · 399 students
Round Valley
Grades 3-5 · 360 students
Lebanon Borough School
Grades PK-6 · 89 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lebanon, NJ?
Want a head-to-head view? Compare Lebanon side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lebanon?
The median home sale price in Lebanon is $430,000, down 27.7% from last year.
How long do homes stay on market in Lebanon?
Homes typically spend 11 days on market before going under contract.
What is the median income in Lebanon?
The median household income is $108,672 per year.
Is Lebanon a buyer's or seller's market?
With 0.7 months of supply, Lebanon is currently a strong seller's market.
What is the median condo price in Lebanon?
The median condo/co-op sale price in Lebanon, NJ is $358,000, compared to $444,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lebanon?
The median single-family home price in Lebanon, NJ is $444,950 (about $267 per square foot).
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