The Downtown Lebanon housing market is somewhat competitive. The median sale price of a home in Downtown Lebanon was $163K last month, down 9.72% since last year. The median sale price per square foot in Downtown Lebanon is $131, up 44.0% since last year.
What is the housing market like in Downtown Lebanon today?
In March 2024, Downtown Lebanon home prices were down 9.72% compared to last year, selling for a median price of $163K. On average, homes in Downtown Lebanon sell after 27 days on the market compared to 41 days last year. There were 2 homes sold in March this year, down from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$162,500
-9.72% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Lebanon, OH
$162,500
-9.72%
United States
To compare other locations to the Downtown Lebanon and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lebanon add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Lebanon housing market?
Downtown Lebanon is somewhat competitive. Homes sell in 38 days.
0
100
49
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 38 days.
Hot homes
can sell for about 3% above list price and go pending in around 22 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
86.1%
-12.9 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Lebanon, OH
86.1%
-12.9 pt
United States
Home offer insights for Downtown Lebanon
Explore recent offers and recently sold homes in Downtown Lebanon
Recent offers
View houses in Downtown Lebanon that sold recently
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Lebanon housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Lebanon.
Risk Factor
Flood Factor - Major
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Lebanon has a major risk of flooding. 82 properties in Downtown Lebanon are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Downtown Lebanon. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Lebanon has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Lebanon is most at risk from hurricanes. 650 properties in Downtown Lebanon have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 46 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.
89% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Lebanon has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 89% of homes in Downtown Lebanon have a Moderate Heat Factor®.
Downtown Lebanon is expected to see a 171% increase in the number of days over 101ºF over the next 30 years. Downtown Lebanon is expected to experience 7