Lebanon, Connecticut.
Typical home $425,785 (+5.3% in a year). Norwich-New London, CT metro.
to buy the typical home at today's mortgage rate — +$1,389 (+164%) since Jan 2020.
- 1 year
- Up $21,525 +5%
- $404,260$425,785 since Sep 2025
- 5 years
- Up $140,724 +49%
- $285,061$425,785 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lebanon$2,235
- Connecticut$2,348
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Lebanon, CT rose 5.3% over the past year — faster than the nation's +1.2%.
Living in Lebanon, Connecticut
Lebanon is a town in . Half its households earn more than $109,135 a year and half less; 4% of its people live below the poverty line. 88% of its homes are lived in by their owners and 12% are rented. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lebanon is a town in Connecticut where most homes are lived in by their owners, and few residents live below the poverty line. Winters are cold, with January the coldest month, while July is the warmest, and the year is fairly wet.
Work. Many residents work in schools, hospitals and social care, and manufacturing, building trades, and professional and business services also employ a good share of people. A fair number of adults hold a four-year degree, and many people still make their way to work by car.
Things to do. Pomeroy State Park is a protected area a short drive away, good for walks and time outdoors. Gardner Lake, also a short drive off, is a lake suited to a quiet day by the water. The Wadsworth Atheneum Museum of Art is one of the best known museums, a longer drive away, and well worth the trip for an afternoon of art.
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- 2,834households
- 46.9median age
- 40%of adults have a degree
- 4%below the poverty line
- 31 mintypical commute
- 20%work from home
What residents work in
Employed residents by industry, from the Census survey.
Weather through the year
Coldest in January, with highs near 36° and lows near 18°; warmest in July, with highs near 83° and lows near 62°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Willimantic Windham Airport weather station, 8 miles away (NOAA).
Natural hazards
- HurricanesRelatively high
- Inland floodingRelatively moderate
- Ice stormsRelatively moderate
- Winter weatherRelatively moderate
- LightningRelatively moderate
- Coastal floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across its planning region, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on and the Norwich-New London, CT metro.
Lebanon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lebanon$425,785
- Connecticut$447,319
- United States$366,157
Sellers are cutting prices on about 1 in 5 Lebanon listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lebanon18
New listings per month
Sellers arriving at the market.
- Lebanon10
Zip codes with a Lebanon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lebanon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.