Market Overview
Home Prices in New Lebanon, NY
The median home value in New Lebanon, NY is $396,511 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Lebanon are priced3% below average. New Lebanon is part of the Hudson, NY metro area.
Price History
New Lebanon Home Price Trend
2024
$361,919
$362K
—
2025
$375,791
$376K
+3.8%
2026
$396,511
$397K
+5.5%
City Comparison
New Lebanon vs. National Median
🏠 New Lebanon
$396,511
National Median
$410,000
At $396,511, homes in New Lebanon cost 3% below the national median of $410,000. This makes New Lebanon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Lebanon?
20% Down Payment
$79,302
on $396,511
Monthly P&I
$2,068/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,626/mo
incl. taxes & insurance
Income Needed
$105,040
gross annual (30% rule)
10% Down Option
$39,651
+ PMI applies
Loan Amount (20% dn)
$317,209
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Lebanon, NY?
The median home value in New Lebanon is $396,511 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in New Lebanon?
Over the past year, home values in New Lebanon have increased by 5.5%.
How much do I need to earn to buy a home in New Lebanon?
To comfortably afford the median home price of $396,511 with a 20% down payment ($79,302) at today's rates (6.8%), you'd need a gross annual income of approximately $105,040. This assumes keeping total housing costs at or below 30% of gross income.
How does New Lebanon compare to the national average home price?
The national median home value is approximately $410,000. At $396,511, homes in New Lebanon are 3% below the national average.
What metro area is New Lebanon part of?
New Lebanon is part of the Hudson, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.