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LEBANON, PA 17042

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LEBANON, PA real estate market (17042) currently shows 156 active listings, with 55 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 33 days last year.

The median listing price has risen 25.6% year-over-year, from $369,950 to $464,475.

Whether you are buying or selling in LEBANON, PA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 39,175  ·  Density: 223.4/mi²  ·  Median household income: $72,366

Typical home value: $199,360  ·  Homeownership: 70.9%

Market Overview

Active Listings
156
⇧ 26.8% vs 123 last year
Pending
55
35% pending ratio
Median Price
$464,475
⇧ 25.6% vs $369,950 last year
Average Price
$468,925
⇧ 16.8% vs $401,538 last year
Days on Market
73
⇧ 121.2% vs 33 days last year

Price Per Square Foot

Median $/sqft
$250
⇧ 20.2% vs $208/sqft last year
Median Home Size
1,714 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 156 this year vs 123 last year
  • Days on market: 73 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $464,475 (+25.6% YoY)
  • Average: $468,925 (+16.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.9 miles — 385 listings ($204,054,107 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
17042Lebanon, PA 170420.0 mi147$68,502,000$465,950$466,000
17085Rexmont, PA 170852.4 mi2$265,000$132,500$132,500
17064Mount Gretna, PA 170644.6 mi6$3,118,200$519,900$519,700
17003Annville, PA 170038.2 mi43$26,867,561$389,900$624,827
17078Palmyra, PA 170788.6 mi39$17,460,924$439,159$447,716
17073Newmanstown, PA 170738.6 mi24$15,842,712$514,450$660,113
17033Hershey, PA 1703311.0 mi23$15,246,010$542,500$662,870
17026Fredericksburg, PA 1702611.9 mi5$2,456,750$332,500$491,350
17022Elizabethtown, PA 1702213.2 mi40$18,870,080$489,900$471,752
17038Jonestown, PA 1703813.7 mi7$2,245,075$312,450$320,725
17028Grantville, PA 1702814.1 mi7$5,361,825$567,000$765,975
17036Hummelstown, PA 1703614.4 mi37$26,264,635$404,900$709,855
17501Akron, PA 1750114.9 mi5$1,553,335$337,000$310,667

Frequently Asked Questions

How many homes are for sale in LEBANON, PA 17042?

As of February 2026, there are 156 active listings in LEBANON, PA (zip code 17042), compared to 123 the prior year.

What is the median home price in LEBANON, PA 17042?

The median listing price in LEBANON, PA 17042 is $464,475 as of February 2026, a 25.6% increase from $369,950 the prior year.

How long do homes stay on the market in LEBANON, PA?

Homes in LEBANON, PA 17042 spend an average of 73 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in LEBANON, PA 17042?

Based on current inventory and days-on-market data as of February 2026, LEBANON, PA 17042 is currently a Buyer's Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 33 days last year.

How much can I save on real estate commission in LEBANON, PA?

With SELL123.com's maximum 3% commission, sellers in LEBANON, PA 17042 save an estimated $9,290 compared to a typical 5% commission on the median listing price of $464,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.