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Featured local agent — South Lebanon, OH
Sarah Mitchell
Compass Real Estate · South Lebanon, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Lebanon, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$460,000median sale price
How is the South Lebanon, OH housing market right now?
The median home sale price in South Lebanon, OH is $460,000, down 8.2% year-over-year. Homes sell in an average of 34 days with 18 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 South Lebanon a buyer's or seller's market?
South Lebanon, OH is currently a strong seller's market, based on 1.6 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
34
Average pace
Active listings
18
1.6 months supply
Sale-to-list
100.3%
Above asking
What does the South Lebanon housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $460,000 |
| Median list price | $442,500 |
| Year-over-year price change | -8.2% |
| Average days on market | 34 days |
| Active inventory | 18 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $175/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 12 |
| Listings with a price cut | 11.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in South Lebanon by property type?
How the South Lebanon, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $460,000 | $175/sq ft | 11 | 34 days |
Source: Redfin · Updated monthly
The South Lebanon housing market is currently classified as a strong seller's market with a median sale price of $460,000. Prices have fallen 8.2% compared to last year, with homes spending an average of 34 days on market, indicating 1.6 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 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in South Lebanon
There are currently 18 homes listed for sale in South Lebanon, Ohio. The median listing price is $443K.
Active listings
18
Homes on market
Median list price
$443K
Avg. days on market
34
Days until sale
New this week
12
Newly listed
Who lives in South Lebanon?
Population
6,552
Median income
$110,729/yr
Median age
34.7 years
Owner-occupied
77.9%
College grads
46.3%
Avg commute
33.3 min
Source: U.S. Census Bureau ACS
What are homes worth in South Lebanon?
Zillow home value
$393,284
Zillow rent index
$2,090/mo
Price-to-rent ratio
15.7x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in South Lebanon?
South Lebanon is a community of approximately 7K residents with a median age of 34.7 years.The median household income is $110,729, which reflects a relatively affluent area with strong earning potential. 46.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, South Lebanon offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near South Lebanon, OH?
Want a head-to-head view? Compare South Lebanon side-by-side with any other U.S. city using our market-comparison tool.
Is South Lebanon a good real estate investment market?
For investors evaluating South Lebanon, the price-to-rent ratio of 15.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 8.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on South Lebanon's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using South Lebanon's median home price.
Frequently asked questions
What is the average home price in South Lebanon?
The median home sale price in South Lebanon is $460,000, down 8.2% from last year.
How long do homes stay on market in South Lebanon?
Homes typically spend 34 days on market before going under contract.
What is the median income in South Lebanon?
The median household income is $110,729 per year.
Is South Lebanon a buyer's or seller's market?
With 1.6 months of supply, South Lebanon is currently a strong seller's market.
What is the Zillow home value estimate for South Lebanon?
The Zillow Home Value Index (ZHVI) for South Lebanon is $393,284, representing the typical home value in the area.
How much does a single-family home cost in South Lebanon?
The median single-family home price in South Lebanon, OH is $460,000 (about $175 per square foot).
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