Is New Lebanon, OH 45345 a buyer’s or seller’s market?
New Lebanon is a seller’s market. With about 1.6 months of supply and 44% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 86% of U.S. ZIP codes, and #71 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The New Lebanon housing market right now
In the three months ending August 31, 2026, 44% of homes in New Lebanon, OH 45345 sold above their list price, the typical home went under contract in 32 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold more slowly (11 days then) and the median sale price rose 12% to $211,409. Overall, New Lebanon is more competitive than a year ago, so tougher for buyers.
Within Montgomery County, homes here sell faster than in 54% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, New Lebanon ranks #71 of 489 OH ZIP codes with enough sales (score 80 out of 100).
Nearby, buyers who want less competition could look at Dayton 45416 (10% sold over asking) or Dayton 45402 (14% sold over asking).
Run the numbers for 45345
Nearby markets
Brookville 45309Seller’s market $165 /sq ftClayton 45315Seller’s market $156 /sq ftDayton 45402Buyer’s market $79 /sq ftDayton 45403Balanced $109 /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 seller’s market: there were 1.6 months of supply in New Lebanon, OH 45345 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 32 days in the latest three months.
Do homes in New Lebanon sell over asking?
44% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.
What are property taxes in New Lebanon?
About 1.73% of a home’s value a year in Montgomery County, or roughly $6,920 on a $400,000 home.
What is the median home price in New Lebanon?
The median sale price was $211,409 in the three months ending August 31, 2026, about $163 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