Lebanon Homes under $250,000

Welcome to Lebanon, Ohio – a charming city that perfectly blends small-town warmth with modern conveniences. Nestled in Warren County, Lebanon is a community rich in history, boasting beautifully preserved architecture and a vibrant downtown area. Known for its friendly atmosphere, Lebanon is the ideal place for families, young professionals, and retirees alike.

One of the city’s standout features is its commitment to preserving its heritage while embracing growth. Residents enjoy a plethora of parks, recreational activities, and a thriving local arts scene, making it easy to find something for everyone. The annual Lebanon Horse-Drawn Carriage Parade, one of the longest-running events in the state, showcases the city’s unique character and draws visitors from near and far.

For those seeking affordable housing options, Lebanon offers an impressive selection of homes under $250,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find a variety of charming properties that suit your needs. From cozy bungalows to spacious family homes, the real estate market here is both diverse and inviting.

Lebanon’s location provides easy access to major highways, making commuting to nearby cities like Cincinnati and Dayton a breeze. With its excellent schools, friendly neighborhoods, and a strong sense of community, Lebanon is not just a place to live; it’s a place to thrive. Discover your dream home in this enchanting city, where history meets opportunity and every street has a story waiting to be told.

Newest Lebanon Homes under $250,000

$237,500

2 Beds ⋅ 2 Baths ⋅ 968515 MLS

Welcome to easy, one-floor living in highly desirable Sterling Chase North! This move-in-ready 2-bedroom, 2-full-bath home has been beautifully refreshed with updated flooring, fresh paint, fixtures and vanities throughout. The spacious primary suite features TWO walk-in closets and a private ensuite full bath. Even better, all BRAND NEW appliances stay, including refrigerator, dishwasher, oven/range, microwave, washer and dryer! Major update already taken care of with a roof just 4 years old. Enjoy outdoor living on the back patio and deck, plus an additional exterior storage closet. Attached 2-car garage provides even more convenience and storage. Low HOA fees of just $125/month include lawn mowing for easy, low-maintenance living. Conveniently located with easy access to SR 48, I-71, shopping, dining, and historic downtown Lebanon. Move-in ready and waiting for its next owner!

915 Nelson Lane Unit A, Lebanon

Courtesy of Jenny England and Coldwell Banker Realty

$229,000

3 Beds ⋅ 1 Baths ⋅ 1889842 MLS

Charming newly updated 3 bedroom ranch tucked near the end of a cul-de-sac street, offering minimal traffic, a private backyard setting, and comfortable one-level living. Inside, you'll find a bright, refreshed interior with modern flooring, updated lighting, and a clean, neutral style. The kitchen features white cabinetry, modern countertops, stainless appliances, a subway-style backsplash, and convenient in-home laundry. The home also offers additional flexible space that may serve as a third bedroom, office, hobby room, or second living area. Outside, enjoy a fenced private backyard, patio area, mature shade trees, driveway parking, and a detached garage with room for parking, storage, hobbies, or workshop use. Great location! All that is left to do is move in!

482 Drexel Avenue, Lebanon

Courtesy of Brooke Mcdade with Coldwell Banker Heritage

$184,000

2 Beds ⋅ 1 Baths ⋅ 959300 MLS

Charming cottage style home boasting 1,080 total living sq. ft. Cozy layout with efficient use of space and located conveniently to parks, YMCA, schools, biking/walking trails, and restaurants to beautiful downtown historic Lebanon! Turnkey home with updates including Electric/2022, Gazebo/2023, Tankless water heater/2024, Furnace/AC 2026, New Roof 2025! Excellent for first time buyers or those needing to downsize. This home is a must see!

103 S West Street, Lebanon

Courtesy of Sandra Parker and Sibcy Cline Inc.

$184,000

2 Beds ⋅ 1 Baths ⋅ 1879468 MLS

103 S West Street, Lebanon

Courtesy of Sandra Parker with Sibcy Cline, Inc.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Mark Ryan Group RE/MAX Victory + Affiliates are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®