Home appreciation in Lebanon, PA

Over the five years ending 2025, home prices in Lebanon, PA grew an average of 10.3% a year.

Price growth at a glance

1-year

+7.9%

2025 over 2024. Pennsylvania: +5.8%.

5-year, per year

+10.3%

Average annual growth, 2020 to 2025. Pennsylvania: +8.6%.

10-year, per year

+6.9%

+95.3% in total since 2015. Pennsylvania: +6.2%.

How does your home compare?

Lebanon, PA home prices rose 95.3% over the ten years to 2025, while its ZIP codes ranged from +73.3% to +105.4%. Look up your home to see where it ranks among the homes around it.

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A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Lebanon, PA compares with Pennsylvania

Pennsylvania averaged +8.6% a year, so Lebanon, PA grew faster than the state overall. For five-year price growth, Lebanon, PA ranks 87th out of 409 metros nationwide and 2nd out of 17 in Pennsylvania.

Index, 2005 = 100

Lebanon, PA and Pennsylvania, quarterly house price index rebased to 100 in 2005.
YearLebanon, PAPennsylvania
2005 Q1100100
2005 Q2101103
2005 Q3106107
2005 Q4108109
2006 Q1110111
2006 Q2112112
2006 Q3113113
2006 Q4116115
2007 Q1117116
2007 Q2119116
2007 Q3120116
2007 Q4119116
2008 Q1122117
2008 Q2120116
2008 Q3119114
2008 Q4119114
2009 Q1121115
2009 Q2120113
2009 Q3119111
2009 Q4118110
2010 Q1117110
2010 Q2116109
2010 Q3118110
2010 Q4118110
2011 Q1117108
2011 Q2116107
2011 Q3114107
2011 Q4116108
2012 Q1115107
2012 Q2113106
2012 Q3115107
2012 Q4114107
2013 Q1114107
2013 Q2114107
2013 Q3113108
2013 Q4113108
2014 Q1114108
2014 Q2114109
2014 Q3115110
2014 Q4115110
2015 Q1113111
2015 Q2114112
2015 Q3115112
2015 Q4114112
2016 Q1113113
2016 Q2115115
2016 Q3116116
2016 Q4120116
2017 Q1120116
2017 Q2119119
2017 Q3121120
2017 Q4122120
2018 Q1121122
2018 Q2124123
2018 Q3126125
2018 Q4125124
2019 Q1128126
2019 Q2129128
2019 Q3130130
2019 Q4131131
2020 Q1134133
2020 Q2134134
2020 Q3137137
2020 Q4141139
2021 Q1144142
2021 Q2151149
2021 Q3160156
2021 Q4165159
2022 Q1166163
2022 Q2179172
2022 Q3181175
2022 Q4182174
2023 Q1188176
2023 Q2198182
2023 Q3192185
2023 Q4202185
2024 Q1199188
2024 Q2210194
2024 Q3209196
2024 Q4207197
2025 Q1216200
2025 Q2223205
2025 Q3228207
2025 Q4224208
2026 Q1230211
2026 Q2226214

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +6.9% a year over ten years, +95.3% in total.

Over this history, home prices peaked in 2008, fell 5.5% to its 2013 low, and regained the 2008 level in 2017.

The strongest year was 2022 at +14.4%, and the weakest was 2010 at -1.8%.

In 2025 alone the index moved +7.9%, against +5.8% for the state.

ZIP codes in Lebanon, PA

Over the ten years to 2025, the 9 ZIP codes FHFA measures in this metro ranged from +73.3% in 17003 to +105.4% in 17046, while the metro as a whole rose 95.3%.

ZIP codes in Lebanon, PA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
17046+3.2%+10.3%+7.5%+105.4%
17067+24.9%+12.1%+7.4%+104.1%
17042+8.1%+10.4%+6.9%+95.0%
17073+14.7%+11.0%+6.8%+93.2%
17026+10.8%+11.0%+6.6%+89.1%
17087+2.3%+9.3%+6.4%+86.0%
17078+9.3%+9.5%+6.4%+85.4%
17038+1.5%+9.2%+6.0%+78.4%
17003+4.9%+8.6%+5.7%+73.3%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Lebanon, PA and Pennsylvania, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006108.8+8.8%107.7
2007114.7+5.4%110.7
2008115.7+0.9%109.7
2009115.2-0.4%107.1
2010113.2-1.8%104.8
2011111.9-1.1%102.6
2012109.9-1.8%101.7
2013109.3-0.5%102.5
2014110.4+1.0%104.0
2015109.9-0.5%106.8
2016111.7+1.6%109.7
2017116.0+3.9%113.3
2018119.8+3.2%117.8
2019124.8+4.2%122.8
2020131.3+5.3%129.2
2021149.2+13.6%144.5
2022170.6+14.4%163.2
2023187.9+10.1%173.6
2024198.9+5.9%184.9
2025214.7+7.9%195.6

The 17 measured metros in Pennsylvania

Measured metros in Pennsylvania ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Allentown-Bethlehem-Easton, PA-NJ+6.9%+10.5%+7.1%
2Lebanon, PA+7.9%+10.3%+6.9%
3Reading, PA+5.5%+10.2%+7.0%
4Scranton--Wilkes-Barre, PA+6.6%+10.1%+6.4%
5Erie, PA+8.3%+10.0%+6.1%
6Lancaster, PA+5.1%+9.8%+7.0%
7York-Hanover, PA+5.8%+9.3%+6.4%
8Harrisburg-Carlisle, PA+5.4%+9.0%+6.0%
9Montgomery County-Bucks County-Chester County, PA (metropolitan division)+5.6%+9.0%+6.2%
10Chambersburg, PA+4.7%+8.8%+5.7%
11Johnstown, PA+6.3%+8.3%+5.3%
12Gettysburg, PA+3.2%+8.2%+5.7%
13Pittsburgh, PA+5.3%+7.6%+6.0%
14Williamsport, PA+4.0%+7.1%+4.6%
15Philadelphia, PA (metropolitan division)+5.6%+7.0%+6.1%
16State College, PA+4.7%+6.9%+5.4%
17Altoona, PA+5.3%+6.7%+4.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Pennsylvania row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

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Measured FHFA data · chart through 2026 Q2