Historical report · August 2026: This article preserves the August comparison. For the latest completed September 2026 data, visit the Lebanon County market-report hub.
August 2026 brought a higher median sale price and a sharp increase in available inventory compared with August 2025—but fewer homes reached the closing table.
A more balanced—but still competitive—market
Lebanon County’s median sold price increased 10.0% year over year to $330,000. At the same time, end-of-month inventory increased 24.1%, closed sales declined 11.6%, and the typical home took four additional days to sell. Buyers had more choices, while sellers needed to compete more carefully on price, condition and presentation.
Looking specifically at Lebanon City?
The county includes many distinct municipalities. See the Lebanon City market report and seven-municipality comparison, then explore Lebanon representation or the Lebanon seller guide for your next move.
The numbers that shaped the month
August 2025 vs. August 2026
| Metric | Aug. 2025 | Aug. 2026 | Change |
|---|---|---|---|
| New listings | 179 | 254 | +41.9% |
| Median list price | $310,000 | $350,000 | +12.9% |
| Pending sales | 139 | 142 | +2.2% |
| Closed sales | 164 | 145 | -11.6% |
| Sold volume | $54,897,013 | $53,378,326 | -2.8% |
| Median sold price | $299,950 | $330,000 | +10.0% |
| Average sold price | $334,738 | $368,126 | +10.0% |
| End-of-month inventory | 336 | 417 | +24.1% |
| Months of supply | 2.0 | 2.4 | +20.0% |
| Median days on market | 21 | 25 | +19.0% |
| Cumulative days on market | 26 | 26 | No change |
More listings changed the competitive landscape
The number of homes listed during August climbed from 179 to 254, a 41.9% increase. End-of-month inventory also rose from 336 to 417 homes. That gave buyers a broader set of choices than they had one year earlier.
However, increased selection did not erase demand. Pending sales edged up 2.2%, and median and average sold prices each increased approximately 10%. The data points to a market in which desirable, correctly positioned homes could still perform well—but buyers were less likely to treat every listing as their only opportunity.
What this means for your move
For Lebanon County sellers
More competition makes the first impression especially important. Price against the closest recent sales and today’s active alternatives, prepare the property carefully, and launch with strong photography and complete information. A high list price alone does not guarantee a high result.
For Lebanon County buyers
Additional inventory can create more opportunities to compare homes and negotiate thoughtfully, particularly when a listing has been available longer. Well-priced homes can still attract quick attention, so keep financing ready and evaluate each property on its own condition and competition.
Looking Specifically at Palmyra?
Use our permanent Palmyra housing market report to compare Palmyra Borough, North Londonderry Township and South Londonderry Township separately, with monthly history and year-over-year context. For help applying those figures to a move, meet your Palmyra Realtor team.
Lebanon County market FAQs
Is Lebanon County still a seller’s market?
At 2.4 months of supply, inventory remained limited by broad historical standards, but buyers had substantially more choices than in August 2025. Conditions vary by community, price range and property type.
Did Lebanon County home values rise 10%?
The county’s median sold price rose 10.0%, but that is not the same as saying every home appreciated 10%. A property-specific analysis should consider location, condition, size, updates and current competition.
Are homes taking longer to sell?
The median days on market increased from 21 to 25 days. Cumulative days on market remained 26 days, showing that market-time patterns should be interpreted alongside pricing and property-level details.
How should I use county market statistics?
Use county figures to understand the broader direction of the market, then rely on neighborhood-level comparable sales and active listings when making an offer or setting a list price.
Turn the countywide data into a property-specific plan
Team Sechman helps buyers and sellers interpret current competition in Annville, Lebanon County and surrounding Central Pennsylvania communities.
Source and methodology: Bright MLS monthly statistics reports for August 2025 and August 2026, generated September 5, 2026. Criteria: residential property type; price range of $1,000 to $2,000,000; all areas within Lebanon County, Pennsylvania. Year-over-year percentages were calculated from the report values and rounded to one decimal place. Bright MLS information is deemed reliable but not guaranteed.