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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Lebanon, OH

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Lebanon, OH(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Lebanon, OH Housing Market & Real Estate

Strong seller's market+16.3% YoY

Housing market overview · Updated monthly ·

$188,500median sale price

How is the New Lebanon, OH housing market right now?

The median home sale price in New Lebanon, OH is $188,500, up 16.3% year-over-year. Homes sell in an average of 8 days with 6 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 New Lebanon a buyer's or seller's market?

Strong seller's market1.0 months of supply8 avg. days on market

New Lebanon, OH is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 8 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

8

Fast-moving

Active listings

6

1.0 months supply

Sale-to-list

100.0%

Below asking

What does the New Lebanon housing market data show?

Current housing market statistics for New Lebanon, OH
MetricValue
Median sale price$188,500
Median list price$207,450
Year-over-year price change+16.3%
Average days on market8 days
Active inventory6 listings
Months of supply1.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$147/sq ft
Homes sold (latest month)6
New listings (latest month)6
Listings with a price cut33.3%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in New Lebanon by property type?

How the New Lebanon, OH market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Lebanon, OH
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$188,500$147/sq ft68 days

Source: Redfin · Updated monthly

The New Lebanon housing market is currently classified as a strong seller's market with a median sale price of $188,500. Prices have risen 16.3% compared to last year, with homes spending an average of 8 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.

Homes for sale in New Lebanon

There are currently 6 homes listed for sale in New Lebanon, Ohio. The median listing price is $207K.

Active listings

6

Homes on market

Median list price

$207K

Avg. days on market

8

Days until sale

New this week

6

Newly listed

Price drops:33.3%of listings
Sale-to-list:100.0%

Who lives in New Lebanon?

Population

3,768

Median income

$64,286/yr

Median age

38.1 years

Owner-occupied

73.3%

College grads

5.1%

Avg commute

24.6 min

Source: U.S. Census Bureau ACS

What are homes worth in New Lebanon?

Zillow home value

$199,896

Price-to-income

3.1x

Source: Zillow Research

What is it like to live in New Lebanon?

New Lebanon is a community of approximately 4K residents with a median age of 38.1 years.The median household income is $64,286, which represents a working-class community with solid middle-income opportunities. 5.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 73.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Lebanon offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve New Lebanon?

3 schools tracked · 1,088 students

The largest public schools serving New Lebanon, OH 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.

Dixie Elementary School

Grades PK-4 · 468 students

Public

Dixie Middle School

Grades 5-8 · 319 students

Public

Dixie High School

Grades 9-12 · 301 students

Public

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 New Lebanon, OH?

Want a head-to-head view? Compare New 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 New Lebanon?

The median home sale price in New Lebanon is $188,500, up 16.3% from last year.

How long do homes stay on market in New Lebanon?

Homes typically spend 8 days on market before going under contract.

What is the median income in New Lebanon?

The median household income is $64,286 per year.

Is New Lebanon a buyer's or seller's market?

With 1.0 months of supply, New Lebanon is currently a strong seller's market.

What is the Zillow home value estimate for New Lebanon?

The Zillow Home Value Index (ZHVI) for New Lebanon is $199,896, representing the typical home value in the area.

How much does a single-family home cost in New Lebanon?

The median single-family home price in New Lebanon, OH is $188,500 (about $147 per square foot).

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