Market Overview
Home Prices in South Lebanon, OH
The median home value in South Lebanon, OH is $393,284 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Lebanon are priced4% below average. South Lebanon is part of the Cincinnati, OH-KY-IN metro area.
Over the past five years, South Lebanon home values have risen by approximately26.8%, reflecting strong long-term appreciation in this market.
Price History
South Lebanon Home Price Trend
City Comparison
South Lebanon vs. National Median
At $393,284, homes in South Lebanon cost 4% below the national median of $410,000. This makes South Lebanon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in South Lebanon?
20% Down Payment
$78,657
on $393,284
Monthly P&I
$2,051/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,605/mo
incl. taxes & insurance
Income Needed
$104,200
gross annual (30% rule)
10% Down Option
$39,328
+ PMI applies
Loan Amount (20% dn)
$314,627
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 South Lebanon, OH?
The median home value in South Lebanon is $393,284 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in South Lebanon?
Over the past year, home values in South Lebanon have increased by 2.4%. Over five years, prices have risen approximately 26.8%.
How much do I need to earn to buy a home in South Lebanon?
To comfortably afford the median home price of $393,284 with a 20% down payment ($78,657) at today's rates (6.8%), you'd need a gross annual income of approximately $104,200. This assumes keeping total housing costs at or below 30% of gross income.
How does South Lebanon compare to the national average home price?
The national median home value is approximately $410,000. At $393,284, homes in South Lebanon are 4% below the national average.
What metro area is South Lebanon part of?
South Lebanon is part of the Cincinnati, OH-KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.