Is New Lebanon, NY 12125 a buyer’s or seller’s market?
New Lebanon is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The New Lebanon housing market right now
In the three months ending August 31, 2026, 0% of homes in New Lebanon, NY 12125 sold above their list price, the typical home went under contract in 80 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (16 days then) and the median sale price fell 10% to $224,903. Overall, New Lebanon is less competitive than a year ago, which gives buyers more room.
Within Columbia County, homes here sell more slowly than in 74% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Stottville 12172 (100% sold over asking) and Copake Falls 12517 (100% sold over asking) are even more competitive.
Run the numbers for 12125
Nearby markets
Ancram 12502Buyer’s market $303 /sq ftAncramdale 12503Seller’s market $504 /sq ftAusterlitz 12017Seller’s market $349 /sq ftBrainard 12024Seller’s market $195 /sq ft Browse all markets →Towns like New Lebanon nearby
Find towns like New Lebanon in other states →Where New Lebanon is
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Questions about New Lebanon real estate
Is New Lebanon a buyer’s or seller’s market?
A buyer’s market: there were 10.7 months of supply in New Lebanon, NY 12125 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in New Lebanon?
The typical home went under contract in 80 days in the latest three months.
Do homes in New Lebanon sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.
What are property taxes in New Lebanon?
About 1.40% of a home’s value a year in Columbia County, or roughly $5,600 on a $400,000 home.
What is the median home price in New Lebanon?
The median sale price was $224,903 in the three months ending August 31, 2026, about $211 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology