66Alpha

Lebanon, PA metro area Housing Market Brief

metro · PA · as of August 2026

Seller's

What is Lebanon, PA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-9.363
Inventory Health25%
+1.962
Affordability20%
+9.170
Economic Strength20%
85
Rental Yield15%
+11.644

Where is Lebanon, PA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lebanon, PA metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Lebanon, PA metro area?

Our model forecasts Lebanon, PA metro area’s home prices to rise about 4.6% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Lebanon, PA metro area housing market data

MetricValueYoY
Median Sale Price$294K-10.2%
Median Days on Market46 days-17.9%
Months of Supply1.8-10%
Homes for Sale316-5.1%
Homes Sold177▲ +2.9%
Median Price / Sq Ft$184▲ +5.7%

How has Lebanon, PA metro area’s Alpha Score moved?

Now: 66
12-period trend
Median sale price · 12 mo

Markets like Lebanon, PA metro area

Frequently asked questions

Is Lebanon, PA metro area a buyer's or seller's market?

As of August 2026, Lebanon, PA metro area is classified as a Seller's Market, based on its Alpha Score of 66 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Lebanon, PA metro area?

The median sale price in Lebanon, PA metro area is $294K, having fallen 10.2% over the past year.

How affordable is Lebanon, PA metro area?

Lebanon, PA metro area scores 70 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Lebanon, PA metro area's Alpha Score?

Lebanon, PA metro area's strongest dimension is Economic Strength (85/100) and its weakest is Rental Yield (44/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Lebanon, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.