What is the median home value in New Lebanon, OH?

The median value of owner-occupied homes in New Lebanon, OH is $115,600 (±$10,713), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In New Lebanon, the median home value went from $84,800 in 2015–2019 to $115,600 in 2020–2024 (+36.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$115,600 (±$10,713)
Owner-occupied homes
1,123 (±204)
Most common range
$100,000 to $149,999

Home values in New Lebanon

Owner-occupied homes by value, 2020–2024
ValueNew LebanonMontgomery CountyOhioUnited States
Less than $50,0007.6% (±8.1 points)6.9%6.3%5.3%
$50,000 to $99,99925.8% (±12.1 points)14.2%10.0%6.1%
$100,000 to $149,99934.1% (±11.1 points)16.5%13.4%6.8%
$150,000 to $199,99920.5% (±9.9 points)18.4%16.3%9.0%
$200,000 to $299,99912.0% (±9.3 points)23.4%23.3%17.8%
$300,000 to $499,9990.0% (±3.3 points)16.6%21.8%26.9%
$500,000 to $999,9990.0% (±3.3 points)3.5%7.7%20.9%
$1,000,000 or more0.0% (±3.3 points)0.5%1.2%7.1%

The most common range is $100,000 to $149,999, 34.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

New Lebanon against Montgomery County, its state and the nation

Estimate (90% margin of error)
New LebanonMontgomery CountyOhioUnited States
Median home value$115,600 (±$10,713)$180,900 (±$2,949)$214,800 (±$742)$332,700
Owner-occupied homes1,123 (±204)144,482 (±1,896)3,267,904 (±16,882)84,210,142

In New Lebanon, the median home value is lower than in Montgomery County ($180,900).

It is also lower than in Ohio ($214,800).

It is lower than the national figure ($332,700).

In Montgomery County, New Lebanon ranks 26 of 31 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1996 of 2,341.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in New Lebanon have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$84,800 (±$6,800)$115,600 (±$10,713)+36.3%No measurable change after inflation
Median owner cost with a mortgage$853 (±$146)$1,039 (±$121)+21.8%No measurable change after inflation
Median real estate taxes$1,956 (±$272)$2,377 (±$246)+21.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near New Lebanon

Nearest places with a published estimate, compared with New Lebanon
PlaceDistanceMedian home valueCompared with this place
New Lebanon—$115,600 (±$10,713)—
Jackson Township (Montgomery County)2.8 mi$164,000 (±$19,055)Higher
Perry Township (Montgomery County)3.5 mi$211,600 (±$29,767)Higher
Jefferson Township (Montgomery County)4.5 mi$129,300 (±$25,187)Not measurably different
Farmersville4.8 mi$159,200 (±$8,405)Higher
Trotwood5.1 mi$113,200 (±$10,901)Not measurably different
Drexel5.4 mi$63,800 (±$38,626)Lower
Brookville6.7 mi$182,200 (±$15,320)Higher
West Alexandria7.5 mi$154,300 (±$8,420)Higher

Nearby places with a measurably lower figure: Drexel, OH ($63,800).

Nearby places with a measurably higher figure: Jackson Township (Montgomery County), OH ($164,000), Perry Township (Montgomery County), OH ($211,600), Farmersville, OH ($159,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Montgomery County, place by place

RankPlaceMedian home value
20West Carrollton$156,900 (±$6,425)
21Moraine$156,800 (±$9,245)
22Phillipsburg$152,200 (±$40,717)
23Riverside$147,800 (±$12,577)
24Jefferson Township (Montgomery County)$129,300 (±$25,187)
25Shiloh (community)$126,800 (±$20,186)
26New Lebanon$115,600 (±$10,713)
27Trotwood$113,200 (±$10,901)
28Dayton$100,600 (±$4,075)
29Harrison Township (Montgomery County)$94,300 (±$10,892)
30Drexel$63,800 (±$38,626)
31Fort McKinley$59,900 (±$20,267)

Showing 12 of 31 places in Montgomery County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Lebanon

What is the average home value in New Lebanon, OH?

The Census Bureau publishes the median: $115,600 (±$10,713) for owner-occupied homes in New Lebanon (2020–2024 American Community Survey).

Have home values in New Lebanon gone up?

In New Lebanon, the median home value went from $84,800 in 2015–2019 to $115,600 in 2020–2024 (+36.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in New Lebanon sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Lebanon village, Ohio (place:54852, in state:39).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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