Backup offers
$4,036 Closing Credit¹
#24073890, Cathyann Schulte, Listing Office: Countryside Realty
Lebanon Housing Market Report January 2025•New London County, Connecticut
Housing Prices in Lebanon, CT
How much do homes in Lebanon, CT cost?
Housing Market Conditions
Is Lebanon, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lebanon is a Seller's Market
Difference Since January 2024
Since last year, Lebanon has remained a Seller's Market.
Insight
Lebanon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$382,950$210/SqFt
+$29,950
+8.5%
Based on all homes sold in the last 12 months
Insight
Homes in Lebanon have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Lebanon was $382,950 in January 2025, up 8.5% from last year, and the median price per square foot was $210.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Willimantic | $233K | $260K | +11.6% |
| Windham | $238.5K | $260K | +9.0% |
| Lebanon | $353K | $382.9K | +8.5% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $222.5K | - | N/A |
| 22 Bedrooms | $368K | $267.5K | -27.3% |
| 33 Bedrooms | $350K | $377.5K | +7.9% |
| 44 Bedrooms | $465K | $450K | -3.2% |
| 55+ Bedrooms | - | $417.5K | N/A |
Summary: Lebanon housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -27.3%. The home price for 3 bedroom homes increased by +7.9%. The home price for 4 bedroom homes decreased by -3.2%. The home price for 5 bedroom homes did not change.
Housing supply in Lebanon, CT
How many homes are available in Lebanon, CT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 13Last MonthJan 2025 | ||
| 232 months agoDec 2024 | -43.5 % Change MoMDec – Jan |
Summary: The Lebanon real estate market had 13 homes for sale in Jan 2025, a 43.5 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 112 months agoDec 2024 | -72.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 9 | 5 | -44.4% |
| 44 Bedrooms | 9 | 6 | -33.3% |
| 55+ Bedrooms | 2 | 0 | -100.0% |
Summary: Lebanon housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes decreased by -44.4%. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Lebanon, CT cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Lebanon, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Lebanon in January 2025, down by 72.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Lebanon, CT
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Lebanon, CT
What homes are available in Lebanon, CT?
$4,251 Closing Credit¹
#24073506, Deb Chabot, Listing Office: RE/MAX One
Backup offers
$3,799 Closing Credit¹
#24073369, Christy Lofstrom, Listing Office: ERA Blanchard & Rossetto
$3,859 Closing Credit¹
#24069317, Julie Landon-Stewart, Listing Office: Weichert,REALTORS-Four Corners
$10,000 Closing Credit¹
#24064942, Catherine Thompson, Listing Office: William Raveis/First Town RE
$4,571 Closing Credit¹
#24063835, Lisa Bowman, Listing Office: Coldwell Banker Realty
#24049823, Kris Lippi, Listing Office: Get Listed Realty
$7,421 Closing Credit¹
#24004718, Cathyann Schulte, Listing Office: Countryside Realty
Backup offers
$7,718 Closing Credit¹
#24004692, Cathyann Schulte, Listing Office: Countryside Realty
#24004089, Derek Greene, Listing Office: The Greene Realty Group
#170583378, Tricia Schuiten, Listing Office: Realty Connection
#170548573, Cathyann Schulte, Listing Office: Countryside Realty
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MLS Disclaimers and Copyright
Based on information from SmartMLS, for the period 02/01/2023 - 02/01/2025
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.