House Prices

Red Cedar Lake Lebanon, CT House Prices & Home Values 2026


Average Data

average house price$304,116
average size per house1760 ft²
average price per ft²157 $ / ft²

06/27/2026 - The value range (VR) for house prices in Red Cedar Lake Lebanon, CT is $149.15/ sqft to $164.85/ sqft. An average home with 1760 sqft costs approximately $237,304 to $262,283. Lebanon, CT includes 1 ZIP codes and it is located in New London county. The lowest prices are found in ZIP 06249, while the highest are in ZIP 06249. The average price per sqare feet is $157. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Red Cedar Lake Lebanon

06249205 $ / ft²




Historical development of home values in Red Cedar Lake Lebanon

Year Estimated value (USD) Change vs. 2025
2010 $141,237 -53.6%
2011 $135,775 -55.4%
2012 $135,410 -55.5%
2013 $140,471 -53.8%
2014 $147,456 -51.5%
2015 $155,024 -49.0%
2016 $163,114 -46.4%
2017 $171,918 -43.5%
2018 $181,423 -40.3%
2019 $189,835 -37.6%
2020 $199,648 -34.4%
2021 $227,078 -25.3%
2022 $264,722 -13.0%
2023 $279,162 -8.2%
2024 $295,312 -2.9%
2025 $304,116 0.0%

Graph: estimated home values in Red Cedar Lake Lebanon over time (USD)



Example: 100% financing house in Red Cedar Lake Lebanon

Loan amount: $304,116

Interest rate: 5.42%

Fixed monthly payment: $1,712.26

Breakdown in the 1st month:
Interest portion: $1,374.60  –  Principal portion: $337.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,392.99 $4,154.18 $299,961.82
2 $16,161.98 $4,385.19 $295,576.63
3 $15,918.12 $4,629.04 $290,947.59
4 $15,660.71 $4,886.46 $286,061.13
5 $15,388.98 $5,158.19 $280,902.94
6 $15,102.13 $5,445.03 $275,457.91
7 $14,799.34 $5,747.82 $269,710.09
8 $14,479.71 $6,067.45 $263,642.63
9 $14,142.31 $6,404.86 $257,237.77
10 $13,786.14 $6,761.03 $250,476.75
11 $13,410.17 $7,137.00 $243,339.75
12 $13,013.29 $7,533.88 $235,805.87
13 $12,594.33 $7,952.83 $227,853.03
14 $12,152.09 $8,395.08 $219,457.95
15 $11,685.24 $8,861.92 $210,596.03
16 $11,192.44 $9,354.72 $201,241.31
17 $10,672.24 $9,874.93 $191,366.38
18 $10,123.10 $10,424.06 $180,942.31
19 $9,543.43 $11,003.74 $169,938.58
20 $8,931.53 $11,615.64 $158,322.94
21 $8,285.59 $12,261.57 $146,061.36
22 $7,603.74 $12,943.43 $133,117.94
23 $6,883.97 $13,663.20 $119,454.74
24 $6,124.17 $14,422.99 $105,031.75
25 $5,322.13 $15,225.04 $89,806.70
26 $4,475.48 $16,071.69 $73,735.02
27 $3,581.75 $16,965.42 $56,769.60
28 $2,638.32 $17,908.85 $38,860.75
29 $1,642.43 $18,904.74 $19,956.01
30 $591.15 $19,956.01 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Red Cedar Lake Lebanon, CT


1500 sqft3900 sqft
Ø selling price$257,600$547,985
Ø fast selling$234,182$493,186
Ø high price sale$281,018$602,783

In 2026, houses in Red Cedar Lake Lebanon, CT will be offered at an average price of $157 per square foot. A 1,500 sqft home priced at $257,600 is 20.79% more expensive per square foot than a 3,900 sqft home priced at $547,985. Home prices in Red Cedar Lake Lebanon, CT vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $379,374. Sellers who can wait longer may achieve a higher price of up to $463,679.

FAQ – Home Values in Red Cedar Lake Lebanon

What is the median home value in Red Cedar Lake Lebanon in 2026?

In 2026, the typical home value in Red Cedar Lake Lebanon is about $304,116 for an average home size of 1760 square feet. This corresponds to an average price of roughly $157 per square foot.

What is the average cost per square foot in Red Cedar Lake Lebanon?

In 2026, homes in Red Cedar Lake Lebanon sell for an average of around $157 per square foot, with a typical range between $149.15 and $164.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Red Cedar Lake?

The average home size in Red Cedar Lake Lebanon is about 1760 square feet, with an estimated 2026 value around $304,116.



Neighborhoods close to Red Cedar Lake Lebanon, CT

Mansfield Hollow Mansfield Center, CT91 $ / ft²
Abington Pomfret Center, CT266 $ / ft²
Putnam District Putnam, CT101 $ / ft²
Hebron Center Hebron, CT156 $ / ft²
Hampton Hill Hampton, CT236 $ / ft²
Eastford Center Eastford, CT158 $ / ft²




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