Lebanon, PA Metro Area - Investment Guide
Metro Area • 9 Cities • 10 ZIP Codes
Avg Home Value
$341,747
Avg Monthly Rent
$1,374
Avg Cap Rate
3.16%
Avg Investability
2.9 ★
Cities
9
ZIP Codes
10
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Lebanon, PA Metro Area
Even conditions for buyers and sellers
22 days
Average time to sell
Fast
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Lebanon, PA
Every ZIP in the metro, ranked four ways. Free.
Cities in Lebanon, PA
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 17026 | Fredericksburg | PA | $357,890 | $1,116 | 2.43% | |
| 17067 | Myerstown | PA | $304,047 | $1,541 | 3.95% | |
| 17073 | Newmanstown | PA | $330,690 | $1,440 | 3.40% | |
| 17038 | Jonestown | PA | $329,761 | $1,035 | 2.45% | |
| 17042 | Lebanon | PA | $309,530 | $1,465 | 3.69% | |
| 17078 | Palmyra | PA | $336,973 | $1,458 | 3.37% | |
| 17046 | Lebanon | PA | $263,245 | $1,122 | 3.33% | |
| 17003 | Annville | PA | $359,870 | $1,350 | 2.93% | |
| 17026 | Fredericksburg | PA | $339,465 | $1,116 | 2.56% | |
| 17064 | Mount Gretna | PA | $417,568 | $1,584 | 2.96% | |
| 17038 | Jonestown | PA | $313,014 | $1,035 | 2.58% | |
| 17067 | Myerstown | PA | $320,137 | $1,390 | 3.39% | |
| 17073 | Newmanstown | PA | $351,854 | $1,440 | 3.19% | |
| 17042 | Lebanon | PA | $294,046 | $1,386 | 3.68% | |
| 17046 | Lebanon | PA | $249,330 | $1,144 | 3.58% | |
| 17078 | Palmyra | PA | $352,378 | $1,533 | 3.39% | |
| 17003 | Annville | PA | $380,442 | $1,375 | 2.82% | |
| 17064 | Mount Gretna | PA | $398,115 | $1,584 | 3.10% | |
| 17026 | Fredericksburg | PA | $353,449 | $1,116 | 2.46% | |
| 17067 | Myerstown | PA | $304,047 | $1,541 | 3.95% | |
| 17073 | Newmanstown | PA | $330,690 | $1,440 | 3.40% | |
| 17038 | Jonestown | PA | $322,577 | $1,035 | 2.50% | |
| 17078 | Palmyra | PA | $336,973 | $1,458 | 3.37% | |
| 17042 | Lebanon | PA | $305,789 | $1,494 | 3.81% | |
| 17046 | Lebanon | PA | $260,083 | $1,183 | 3.55% | |
| 17003 | Annville | PA | $386,370 | $1,661 | 3.35% | |
| 17064 | Mount Gretna | PA | $404,729 | $1,584 | 3.05% | |
| 17026 | Fredericksburg | PA | $359,960 | $1,116 | 2.42% | |
| 17067 | Myerstown | PA | $317,186 | $1,300 | 3.20% | |
| 17073 | Newmanstown | PA | $348,127 | $1,440 | 3.23% | |
| 17038 | Jonestown | PA | $331,171 | $1,035 | 2.44% | |
| 17042 | Lebanon | PA | $310,391 | $1,457 | 3.66% | |
| 17078 | Palmyra | PA | $349,166 | $1,483 | 3.31% | |
| 17003 | Annville | PA | $365,794 | $1,350 | 2.88% | |
| 17046 | Lebanon | PA | $263,892 | $1,172 | 3.47% | |
| 17026 | Fredericksburg | PA | $342,366 | $1,116 | 2.54% | |
| 17064 | Mount Gretna | PA | $427,134 | $1,584 | 2.89% | |
| 17038 | Jonestown | PA | $313,189 | $1,035 | 2.58% | |
| 17067 | Myerstown | PA | $321,599 | $1,390 | 3.37% | |
| 17073 | Newmanstown | PA | $353,305 | $1,440 | 3.18% | |
| 17042 | Lebanon | PA | $296,643 | $1,502 | 3.95% | |
| 17046 | Lebanon | PA | $250,874 | $1,205 | 3.75% | |
| 17078 | Palmyra | PA | $353,432 | $1,513 | 3.34% | |
| 17003 | Annville | PA | $389,027 | $1,624 | 3.26% | |
| 17064 | Mount Gretna | PA | $388,310 | $1,584 | 3.18% | |
| 17026 | Fredericksburg | PA | $359,919 | $1,116 | 2.42% | |
| 17067 | Myerstown | PA | $305,438 | $1,541 | 3.94% | |
| 17073 | Newmanstown | PA | $338,723 | $1,440 | 3.32% | |
| 17038 | Jonestown | PA | $332,251 | $1,035 | 2.43% | |
| 17042 | Lebanon | PA | $313,302 | $1,433 | 3.57% |
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About Lebanon, PA Real Estate Market
The Lebanon, PA metropolitan statistical area (MSA) encompasses 9 cities and 10 ZIP codes. The average home value across the metro is $341,747, with an average monthly rent of $1,374. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.