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) | 30 transactions |
| Active Listings | 26 properties |
| Avg Days on Market | 576 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $40,307 |
| Recent Sales | 25 transactions |
| Avg Days on Market | 167 days |
| Avg Parcel Size | 12.83 acres |
| Active Listings | 16 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 3.33 | $152,000 | $45,646 | 0 Black Oak Rd | Lebanon |
| Feb 2026 | 4.88 | $331,000 | $67,828 | 8 Conveyor Dr | Newmanstown |
| Feb 2026 | 5.21 | $210,000 | $40,307 | 1519 Mount Zion Rd | Lebanon |
| Jan 2026 | 22.25 | $598,493 | $26,899 | 941 Mount Zion Rd | Lebanon |
| Jan 2026 | 4.23 | $284,625 | $67,287 | 3 Conveyor Dr | Newmanstown |
| Jan 2026 | 14.42 | $1,750,000 | $121,359 | 0 Ritter Way #35 | Lebanon |
| Jan 2026 | 8.21 | $740,000 | $90,134 | 1275 Birch Rd | Lebanon |
| Dec 2025 | 4.17 | $273,000 | $65,468 | 7 Conveyor Dr | Newmanstown |
| Dec 2025 | 13.83 | $625,000 | $45,192 | 935 E Maple St | Lebanon |
| Dec 2025 | 7.50 | $195,000 | $26,000 | 0 Mountain Trail Rd | Newmanstown |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Dec 2025 | 2.87 | $172,260 | $60,021 | 2 Conveyor Dr | Newmanstown |
| Dec 2025 | 79.63 | $160,000 | $2,009 | 510 Bachman Rd | Lebanon |
| Nov 2025 | 1.65 | $95,000 | $57,576 | 541 Hemlock Ln | Lebanon |
| Oct 2025 | 19.28 | $75,000 | $3,890 | 175 Lawn Hill Rd | Lawn |
| Sep 2025 | 10.00 | $375,000 | $37,500 | 0 Gravel Hill Rd | Grantville |
| Aug 2025 | 6.21 | $149,900 | $24,138 | Es Halfway Dr | Myerstown |
| Jun 2025 | 10.00 | $425,000 | $42,500 | 496 Boyd St | Lebanon |
| Jun 2025 | 1.29 | $139,000 | $107,752 | 354 W Main St | Fredericksburg |
| Jun 2025 | 4.70 | $102,500 | $21,809 | 0 Daub Ln | Fredericksburg |
| Apr 2025 | 7.81 | $265,000 | $33,931 | 0 Mountain Rd | Grantville |
| Apr 2025 | 10.19 | $315,000 | $30,913 | 758 Stracks Dam Rd | Myerstown |
| Apr 2025 | 1.32 | $97,000 | $73,485 | 370 S Lingle Ave | Palmyra |
| Apr 2025 | 55.43 | $1,025,000 | $18,492 | 771 S Mount Pleasant Rd | Lebanon |
| Apr 2025 | 10.87 | $345,000 | $31,739 | Jonestown Rd | Annville |
| Mar 2025 | 11.40 | $425,000 | $37,281 | 486 Boyd St | Lebanon |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Jan 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $89,000 |
| Recent Sales | 5 transactions |
| Avg Days on Market | 115 days |
| Avg Parcel Size | 0.59 acres |
| Active Listings | 10 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Jan 2026 | 0.54 | $70,000 | 2261 S Forge Rd | Palmyra |
| Dec 2025 | 0.48 | $17,000 | 1013 Edison St | Lebanon |
| Nov 2025 | 0.62 | $100,000 | Kimmerlings Rd #104 | Lebanon |
| Oct 2025 | 0.66 | $163,000 | 0 Timber Cv | Mt Gretna |
| Sep 2025 | 0.64 | $89,000 | 801 Kimmerlings Rd | 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.