New Lebanon, OH—45345
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Lebanon, OH
New Lebanon, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $185,000 | 4.7% |
| Single Family | $185,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $151,000 | 3.4% |
3 Bed | $183,000 | 5.2% |
4 Bed | $265,000 | 5.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Lebanon, OH
As of July '25, Rentcast reports the average rent in New Lebanon, OH is $1,070, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in New Lebanon, OH is 2-bedrooms: $938, 3-bedrooms: $1,600. The most common rental property sizes in New Lebanon, OH are 3-bedroom and 2-bedroom, accounting for 48.2% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $1,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $925 | $938 |
| 3 Bed Rent | $1,600 | $1,600 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Lebanon, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in New Lebanon, OH is 29. This is a increase of 81.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $220,000 | 22.0% |
Listing Count | 18 | 0.0% |
| Listings as % of Homes | 0.5% | 0.0% |
Days on Market | 29 | 81.0% |
Demographics — New Lebanon, OH
As of the latest ACS Survey released in 2023, New Lebanon, OH has a population of 5,920, which has decreased by -8.3% over the past 5 years. New Lebanon, OH is a moderately popular place for families, as children make up 24.2% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,920 | -8.3% |
% Under 18 | 24.2% | -4.0% |
% Seniors | 21.4% | 27.4% |
% WFH | 15.7% | 613.6% |
% w/ College Degree | 14.1% | 58.4% |
As of the latest ACS Survey released in 2023, New Lebanon, OH is a predominantly white area, with 92.1% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in New Lebanon, OH is black, making up 1.7% of the population. Foreign-born residents account for 0.5% of the population in New Lebanon, OH, and this percentage has decreased by 70.6% 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 | 92.1% | 1.1% |
% Black | 1.7% | 6.2% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.5% | -68.8% |
% Foreign Born | 0.5% | -70.6% |
Mortgage and Risk — New Lebanon, OH
According to HUD data as of 2023, there were 132 mortgage originations in New Lebanon, OH, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in New Lebanon, OH. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 132 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — New Lebanon, OH
New Lebanon, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | $5 | $925 | $930 |
| 3 Bedroom | -$400 | $1,600 | $1,200 |
| 4 Bedroom | N/A | N/A | $1,320 |
Affordability — New Lebanon, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $185,000 |
| Median Household Income | $77,300 |