ZIP Code Market Report
17042 — Lebanon, PA
Data through February 2026 · Updated monthly
Avg Home Value
$297,139
▲ 5.0% year-over-year
Month-over-Month
+0.0%
▲ 0.0%
Single Family
$297,224
Condo / Co-op
$256,871
The average home value in the 17042 ZIP code (Lebanon, Pennsylvania) is $297,139 as of February 2026. Home prices are rising, up 5.0% compared to last year.
A 3-bedroom home in 17042 is valued at $280,286. Single-family homes average $297,224, while condos average $256,871.
The market in 17042 has a $271,692 spread between bottom-tier homes at $208,923 and top-tier homes at $480,615. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 17042 ZIP code will increase 0.5% over the next 12 months, bringing the projected average to approximately $298,624. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Lebanon County market area in Pennsylvania. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Lebanon County report.
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Market Snapshot
17042 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $297,698 | $297,087 | $297,139 | ▼ 0.2% |
| Single Family Value | $294,891 | $296,030 | $297,224 | ▲ 0.8% |
Home Values
17042 Home Value Trend
Historical home values for ZIP code 17042. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 17042
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $235,115 |
| 3 Bedrooms | $280,286 |
| 4 Bedrooms | $453,773 |
Property Types
Home Values by Property Type in 17042
How different property types compare in this ZIP code.
All Homes
$297,139
Single Family
$297,224
Condo / Co-op
$256,871
Bottom Tier
$208,923
Top Tier
$480,615
Forecast
12-Month Home Value Forecast for 17042
Zillow projects home values in 17042 will increase 0.5% over the next year, reaching approximately $298,624.
Current Value
$297,139
Projected Change
+0.5%
▲ 0.5%
Projected Value
$298,624
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 17042 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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