New Lebanon, NY—12125
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Lebanon, NY
As of Oct '25, the median home price in New Lebanon, NY is $374,000, with a year-over-year change of 2.8%. This indicates that home prices in New Lebanon, NY are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $374,000 | 2.8% |
| Single Family | $374,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $279,000 | 1.8% |
3 Bed | $363,000 | 2.5% |
4 Bed | $446,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Lebanon, NY
As of July '25, Rentcast reports the average rent in New Lebanon, NY is $4,250, with a year-over-year rent change of 254.2%. Per bedroom, the median rent as of July '25 in New Lebanon, NY is 3-bedrooms: $4,250. The most common rental property sizes in New Lebanon, NY are 2-bedroom and 3-bedroom, accounting for 48.1% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,250 | $4,250 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $4,250 | $4,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Lebanon, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in New Lebanon, NY is 93. This is a increase of 92.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $484,000 | 81.0% |
Listing Count | 14 | 15.0% |
| Listings as % of Homes | 2.1% | 15.0% |
Days on Market | 93 | 92.0% |
Demographics — New Lebanon, NY
As of the latest ACS Survey released in 2023, New Lebanon, NY has a population of 1,150, which has decreased by -17.2% over the past 5 years. New Lebanon, NY is a moderately popular place for families, as children make up 15.6% of the population. The area has a moderately educated workforce, with 39.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,150 | -17.2% |
% Under 18 | 15.6% | -8.2% |
% Seniors | 20.5% | 10.2% |
% WFH | 14.2% | 63.2% |
% w/ College Degree | 39.8% | 21.0% |
As of the latest ACS Survey released in 2023, New Lebanon, NY is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in New Lebanon, NY is hispanic, making up 7.5% of the population. Foreign-born residents account for 3.9% of the population in New Lebanon, NY, and this percentage has decreased by 53.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | -5.2% |
% Black | 0.0% | N/A |
% Hispanic | 7.5% | 36.4% |
% Asian | 2.4% | 60.0% |
% Foreign Born | 3.9% | -53.6% |
Mortgage and Risk — New Lebanon, NY
According to HUD data as of 2023, there were 20 mortgage originations in New Lebanon, NY, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in New Lebanon, NY. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 20 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — New Lebanon, NY
New Lebanon, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,190 |
| 3 Bedroom | -$2,820 | $4,250 | $1,430 |
| 4 Bedroom | N/A | N/A | $1,580 |
Affordability — New Lebanon, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $374,000 |
| Median Household Income | $67,600 |