What is the average home price in South Lebanon, OH 45065?

As of May '26, the median home price in South Lebanon, OH 45065 is $375,000, based on Zillow home estimates.

How have home prices in South Lebanon, OH 45065 changed over the past year?

As of May '26, home prices have increased 2.6% over the past year, according to Zillow home estimates data.

What is the home price projection for South Lebanon, OH 45065?

As of May '26, Zillow projects home prices in South Lebanon, OH 45065 to increase 1.3% in the next year.

What are the demographics of South Lebanon, OH 45065?

According to the latest Census, the demographics of South Lebanon, OH 45065 are 77.5% White, 2.3% Black, 2.1% Asian, 2.4% Hispanic. The population is 6,940, with 33.4% under 18 years old.

How long does it take homes to sell in South Lebanon, OH 45065?

According to Realtor.com, as of May '26, the median home in South Lebanon, OH 45065 is on the market for 27 days. This is an increase of 48.0% from last year.

What is the average rent price in South Lebanon, OH 45065?

The average rent price in South Lebanon, OH 45065, as of the latest data, is $1,830. The average rent for 1 bedroom homes is $1,240. For 2, 3, and 4 bedroom homes, the average rent is $1,680, $3,460, and N/A respectively.

View in Interactive Map

South Lebanon, OH—45065

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$375,000

2.6% YoY Growth

Household Income

$107,000

68.7% YoY Growth

Days on Market

48.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$1,540

7.6% YoY Growth

1-Bed Rent

$950

3.3% YoY Growth

2-Bed Rent

$1,700

N/A

3-Bed Rent

$3,460

44.2% YoY Growth

Home Price Trends — South Lebanon, OH

As of May '26, the median home price in South Lebanon, OH is $375,000, with a year-over-year change of 2.6%. This indicates that home prices in South Lebanon, OH are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$375,000	2.6%
Single Family	$374,000	2.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$517,000	-3.0%
Listing Count	17	33.0%
Listings as % of Homes	0.6%	33.0%
Days on Market	27	48.0%

Metric	Latest Census	YoY % Change
Population	6,940	45.6%
% Under 18	33.4%	80.5%
% Seniors	9.6%	-60.0%
% WFH	14.2%	1,477.8%
% w/ College Degree	45.8%	-5.2%

Metric	Zip Code Average
Total Loan Originations	365
% Conventional Loans	88.0%
% Government Loans	12.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	15.0%

Total Units under HUD	148
Total Units Section 8	70
% Rentals under Section 8	13.9%
% Occupied Section 8	90.0%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$330	$950	$1,280
2 Bedroom	-$40	$1,700	$1,660
3 Bedroom	-$1,260	$3,460	$2,200
4 Bedroom	N/A	N/A	$2,430

South Lebanon, OH—45065

Key Metrics at a Glance

Home Price Trends — South Lebanon, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — South Lebanon, OH

% of Rental Stock

Property Listings — South Lebanon, OH

Demographics — South Lebanon, OH

Race and Ethnicity

Mortgage and Risk — South Lebanon, OH

Mortgages

Rentals and Section 8 — South Lebanon, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — South Lebanon, OH

Home Price to Income Ratio

South Lebanon, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Kings Mills, OH

Foster, OH

Lebanon, OH

Morrow, OH

Mason, OH

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$1,540	$1,830
Studio Rent	N/A	N/A
1 Bed Rent	$950	$1,240
2 Bed Rent	$1,700	$1,680
3 Bed Rent	$3,460	$3,460
4 Bed Rent	N/A	N/A

Metric	Latest Census	5-Year % Change
% White	77.5%	-10.1%
% Black	2.3%	-37.8%
% Hispanic	2.4%	-51.0%
% Asian	2.1%	-4.5%
% Foreign Born	7.0%	125.8%

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$375,000
Median Household Income	$107,000