Lebanon, NH Housing Market
AI-powered market intelligence for the Lebanon-Claremont, NH-VT metro area.
PropertyIQ Scores
Lebanon, NH Market Analysis
Market Overview
The Lebanon-Claremont, NH-VT market is moderate, with a PropertyIQ Score of 66/100. That score is driven in large part by a median days on market of 55 days and a share of listings with a price cut of 14.9%. These conditions point to a market that is not overheated but not weak: homes are taking just under two months to move, and fewer than one in six listings are reducing price, which suggests generally balanced buyer demand and seller expectations.
Compared with state averages, the market sits below the state on price and rent but also below on income. The local median home value is $452,000, which is about $69,000 below the state average of $521,177. The local rent index is $1,182, compared with $1,423 statewide. At the same time, the median household income is $79,161, below the state average of $95,628, while the unemployment rate is 2.9%, matching the state. This mix points to a relatively affordable market on price and rent, but one where local income levels are also lower.
Key Trends
One trend is essentially flat home prices. The home value year over year is $-3, a change of only three dollars, which is effectively no price movement. That stability is paired with a median home value of $452,000, suggesting the market has not experienced the sharper gains or drops seen in faster-moving areas.
A second trend is moderate selling conditions supported by inventory. There are 1,066 homes for sale, and with a median days on market of 55 days and a price-cut share of 14.9%, sellers are not aggressively slashing prices. These two metrics are top score drivers for the 66/100 PropertyIQ Score and indicate a steady pace rather than a distressed or frenzied environment.
A third trend is a mixed affordability picture. The median home value of $452,000 is lower than the state average of $521,177, but the local median household income of $79,161 is also below the state average of $95,628. That means the lower price point does not automatically translate into stronger affordability for local households, because local incomes are lower as well.
A fourth trend is below-state rent levels. The rent index of $1,182 is well below the state average of $1,423. This may support renter affordability, but it also indicates lower rent potential compared with the state benchmark. Population growth data is not available, so any population-driven demand shift cannot be measured from the provided data.
Who Is This Market For
This market may suit first-time buyers and workforce buyers looking for a lower entry price than the state average. The median home value of $452,000 is below the state average of $521,177, which can create an opening for buyers who are priced out of higher-priced parts of the state. However, with median household income at $79,161, local buyers need to weigh that lower price against local earning levels.
Long-term owner-occupants may find the market more suitable than short-term flippers. The home value year over year of $-3 does not suggest rapid appreciation, so buyers looking for quick gains may not find that here. But the median days on market of 55 days and the 14.9% price-cut share indicate a market with some negotiation room, without the distress of widespread discounting.
For investors, the lower median home value may offer a lower entry cost than the state average, but the rent index of $1,182 is below the state average of $1,423, which may mean more limited rental income relative to other parts of the state. The absence of population growth data leaves an open question on future renter demand.
Outlook
The data points to a stable, moderate outlook for Lebanon-Claremont. The home value year over year of $-3 shows no meaningful price momentum in either direction, and the median days on market of 55 days, along with a 14.9% price-cut share, does not suggest a building surge in seller discounts or a sharp slowdown. With 1,066 homes for sale, there is a visible supply of listings that may keep rapid price appreciation in check.
The unemployment rate of 2.9% matches the state average and may support steady housing demand, but the median household income of $79,161 remains below the state average of $95,628, which could limit how much prices can stretch upward. Because population growth data is not available, the longer-term demand picture is incomplete. Overall, the market appears positioned for measured activity, with below-state home prices and rents, flat price movement, and no clear catalyst in the provided data for a major upswing or decline.
AI-generated analysis based on current market data. Last updated August 30, 2026.
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Lebanon, NH market data
Lebanon, NH Housing Market Overview
Lebanon, NH's median home value is $270K. Homes here sell in a median 55 days. Its PropertyIQ Score of 66 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
The Lebanon, NH metropolitan area represents a distinct segment of NH's housing landscape. The PropertyIQ Score combines price momentum — how Zillow home values have trended over the past 3 and 12 months — with market-flow signals from Realtor.com that track how fast homes sell and how often sellers cut prices. The result is a single measure of how this market is positioned to outperform or lag its state over the next three years.
New England's housing market is shaped by historic density, prestigious universities, and a mature healthcare and biotech economy. Markets here tend toward stability, with slower but steady appreciation driven by constrained supply and strong institutional demand. Within the New England, Lebanon, NH's PropertyIQ Score of 66 ranks among the New England's stronger demand signals.
The PropertyIQ Score for the Lebanon, NH market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag.
Explore the interactive map to see how Lebanon, NH compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.
Counties in the Lebanon, NH metro area
ZIP codes in the Lebanon, NH metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Lebanon, NH a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Lebanon, NH currently scores 66, a firming-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $270K. So whether Lebanon, NH is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Lebanon, NH?
Lebanon, NH's PropertyIQ Score is 66, indicating firming momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 66 places Lebanon, NH above its state benchmark.
How quickly do homes sell in Lebanon, NH?
In Lebanon, NH, homes sell in a median of 55 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 15% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Lebanon, NH market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.