Lebanon's real estate market saw vibrant activity for homebuyers between December 2 and December 8, 2024, particularly focusing on affordable options. Amid the post-pandemic recovery, prospective buyers explored various neighborhoods, with many properties sold under the $250,000 and $500,000 price brackets.
During the specified week, the local market reported numerous transactions, featuring homes with appealing attributes and prime locations. This article breaks down the top properties sold based on price and living space, providing insights valuable to potential homebuyers.
Among the properties listed under $250,000 was a notable single-family home at 621 State Drive, sold for $249,900. This 1,700-square-foot residence, built in 1950, features one bedroom and one bathroom, sitting on an 8,276-square-foot lot. The property changed hands on November 22, marking it as one of the week's highlights.
Another competitive option was located at 1025 Franklin Ave., selling for $230,000. This charming residence constructed in 1954 provides 1,066 square feet of living space, with three bedrooms and one bathroom. The finalization date for this deal was November 20, and it sits on 8,712 square feet of lot space.
At 1124 Kochenderfer Road, another 3-bedroom, 1-bath home was sold for $225,000, translating to $166 per square foot. This property, built-in 1973, spans 1,352 square feet and has a substantial lot size of 15,682 square feet, finalized on November 27.
A slightly older property at 1123 Cornwall Road was purchased for $220,000 on November 26. Built in 1946, the 1,326-square-foot home includes two bedrooms and one bathroom, situated on a 13,068-square-foot lot.
At 356 Rexmont Road, another property sold for $218,000 featured three bedrooms and one bath, finalized on November 20. With 1,196 square feet and crafted in 1930, the house sits on 1.6 acres of land.
Continuing down the list, located at 1370 Twigg Ave., is another top property with three bedrooms and two bathrooms, sold for $215,000. This house, including 1,334 square feet of living area, was finalized on November 25 and boasts 2.6 acres of property.
Meanwhile, at 2021 Carlton Drive, yet another well-priced option was listed for $210,000, featuring three bedrooms and three baths. This 1990-built home has 1,428 square feet and was finalized on November 20.
More properties followed, including one at 1461 S. White Oak Street, which sold for $208,000. The detached house spans 1,614 square feet, constructed originally in 1958, and includes two bedrooms and one bath, with the deal finalized on November 22.
A major deal of the week was at 1830 Chestnut Street, where the property was purchased for $195,000. This 1908 home offers three bedrooms and two bathrooms within 1,248 square feet, finalized on November 19.
Finally, at 1009 Smaltz Street, the week's least expensive dwelling, priced at $183,000, sold as well. This single-family residence encompasses 960 square feet, built-in 1955, offering two bedrooms and one bath within 7,405 square feet of land, concluded on November 19.
Transitioning to properties priced up to $500,000, one prime listing was at 426 Millbridge Drive, sold for $425,000. This single-family home was finalized on November 22 and offers 1,939 square feet with three bedrooms and two baths, situated on 16,117 square feet of space, constructed only recently, in 2004.
Another property of interest was located at 128 Old Ebenezer Road, sold for $400,000. This detached house boasts four bedrooms and three baths and covers 1,398 square feet built-in 1991, finalized on November 20.
Among the unique offerings was 1057 Villa Drive, where the one-bedroom, two-bath home sold for $365,000, capturing attention with its 1,762 square feet of space, finalized on November 19.
One more substantial sale occurred at 1001 S. Second Ave., showcasing four bedrooms and three baths at $350,000, confirmed on November 20. The property spans 1,875 square feet and invites families seeking more spacious living options.
All these properties demonstrate the dynamic and competitive nature of Lebanon's real estate market. According to Real Estate Newswire, "Real Estate Newswire is a service provided by United Robots, which uses machine learning to generate analysis of data from Propmix, an aggregator of national real-estate data." This activity serves as a testimony to the continuous demand for affordable housing as buyers strive to settle comfortably within the community.
