Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 143,592 ↑ 0.2% since 2020 |
| Median Household Income | $76,350 2% above national median |
| Median Home Value | $227,300 |
| Unemployment Rate | 4.1% |
| Median Age | 41.3 years |
| Housing Vacancy Rate | 6.3% |
| Total Land Sales (Past 12 Months) | 119 transactions |
| Active Listings | 26 properties |
| Avg Days on Market | 576 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $37,178 |
| Recent Sales | 80 transactions |
| Avg Days on Market | 573 days |
| Avg Parcel Size | 10.80 acres |
| Active Listings | 16 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 3.33 | $152,000 | $45,646 | Lebanon |
| Feb 2026 | 4.88 | $331,000 | $67,828 | Newmanstown |
| Feb 2026 | 5.21 | $210,000 | $40,307 | Lebanon |
| Jan 2026 | 22.25 | $598,493 | $26,899 | Lebanon |
| Jan 2026 | 4.23 | $284,625 | $67,287 | Newmanstown |
| Jan 2026 | 14.42 | $1,750,000 | $121,359 | Lebanon |
| Jan 2026 | 8.21 | $740,000 | $90,134 | Lebanon |
| Dec 2025 | 4.17 | $273,000 | $65,468 | Newmanstown |
| Dec 2025 | 13.83 | $625,000 | $45,192 | Lebanon |
| Dec 2025 | 7.50 | $195,000 | $26,000 | Newmanstown |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $75,000 |
| Recent Sales | 39 transactions |
| Avg Days on Market | 582 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 10 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Jan 2026 | 0.54 | $70,000 | Palmyra |
| Dec 2025 | 0.48 | $17,000 | Lebanon |
| Nov 2025 | 0.62 | $100,000 | Lebanon |
| Oct 2025 | 0.66 | $163,000 | Mt Gretna |
| Sep 2025 | 0.64 | $89,000 | Lebanon |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 143,592 |
| Population (2020) | 143,257 |
| Population Growth | 0.23% |
| Median Household Income | $76,350 |
| Median Home Value | $227,300 |
| Total Housing Units | 59,582 |
| Vacant Housing Units | 3,736 |
| Housing Vacancy Rate | 6.3% |
| Median Age | 41.3 |
| Bachelor's Degree or Higher | 15,036 (10.5%) |
| Unemployment Rate | 4.1% |
Market Overview
Lebanon County, Pennsylvania has a population of 143,592, which has grown 0.23% since 2020. The median household income is $76,350, above the national median of $74,580 by 2.4%. The housing vacancy rate of 6.3% suggests tight market conditions. As part of Pennsylvania, Lebanon County benefits from the state's growing interest in vacant land investment. Recent rural land sales show a median price of $37,178 per acre, with properties averaging 10.80 acres. There are currently 26 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Lebanon County, Pennsylvania?
As of the 2023 American Community Survey, Lebanon County has a population of 143,592. The county has grown 0.23% since the 2020 Census, indicating a growing community.
What is the median household income in Lebanon County?
The median household income in Lebanon County is $76,350, which is 2.4% above the national median of $74,580.
Is Lebanon County growing or shrinking?
Lebanon County is growing. The population has increased 0.23% since 2020.
What is the housing market like in Lebanon County?
The median home value in Lebanon County is $227,300. The housing vacancy rate is 6.3%, which suggests tight market conditions. The unemployment rate is 4.1%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $37,178 per acre. Suburban/urban lots under 1 acre have a median lot price of $75,000.
Does Reelvest buy land in Lebanon County, Pennsylvania?
Yes! Reelvest Properties buys vacant land throughout Pennsylvania, including Lebanon County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.