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LEBANON, NJ 08833

Real Estate Market Report  ·  Hunterdon County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LEBANON, NJ real estate market (08833) currently shows 22 active listings, with 9 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 31 days on market compared to 19 days last year.

The median listing price has fallen 2.9% year-over-year, from $675,000 to $655,500.

Whether you are buying or selling in LEBANON, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,057  ·  Density: 100.3/mi²  ·  Median household income: $155,714

Typical home value: $536,122  ·  Homeownership: 87.1%

Market Overview

Active Listings
22
⇧ 4.8% vs 21 last year
Pending
9
41% pending ratio
Median Price
$655,500
⇩ 2.9% vs $675,000 last year
Average Price
$714,837
⇩ 24.8% vs $951,156 last year
Days on Market
31
⇧ 63.2% vs 19 days last year

Price Per Square Foot

Median $/sqft
$328
⇧ 23.3% vs $266/sqft last year
Median Home Size
2,062 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 21 last year
  • Days on market: 31 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $655,500 (-2.9% YoY)
  • Average: $714,837 (-24.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.8 miles — 163 listings ($132,520,552 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08833Lebanon, NJ 088330.0 mi20$13,753,560$510,000$687,678
08889Whitehouse Station, NJ 088894.1 mi22$18,720,086$732,000$850,913
08858Oldwick, NJ 088584.9 mi1$939,000$939,000$939,000
08809Clinton, NJ 088095.5 mi9$4,443,975$445,500$493,775
08826Glen Gardner, NJ 088266.8 mi23$19,404,686$332,450$843,682
08876Somerville, NJ 088767.9 mi30$17,649,210$599,750$588,307
08887Three Bridges, NJ 088878.6 mi1$319,000$319,000$319,000
07934Gladstone, NJ 079348.9 mi1$1,056,250$1,056,250$1,056,250
08867Pittstown, NJ 088679.1 mi11$15,134,834$942,500$1,375,894
07853Long Valley, NJ 0785310.1 mi14$12,833,534$844,250$916,681
08869Raritan, NJ 0886910.5 mi5$2,762,250$552,450$552,450
08802Asbury, NJ 0880211.0 mi13$9,839,609$799,000$756,893
07930Chester, NJ 0793011.8 mi13$15,664,558$1,099,725$1,204,966

Frequently Asked Questions

How many homes are for sale in LEBANON, NJ 08833?

As of March 2026, there are 22 active listings in LEBANON, NJ (zip code 08833), compared to 21 the prior year.

What is the median home price in LEBANON, NJ 08833?

The median listing price in LEBANON, NJ 08833 is $655,500 as of March 2026, a 2.9% decrease from $675,000 the prior year.

How long do homes stay on the market in LEBANON, NJ?

Homes in LEBANON, NJ 08833 spend an average of 31 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in LEBANON, NJ 08833?

Based on current inventory and days-on-market data as of March 2026, LEBANON, NJ 08833 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 31 days on market compared to 19 days last year.

How much can I save on real estate commission in LEBANON, NJ?

With SELL123.com's maximum 3% commission, sellers in LEBANON, NJ 08833 save an estimated $13,110 compared to a typical 5% commission on the median listing price of $655,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.