The story of this market
The typical home in ZIP 03766 sells for about $395,600, or $210 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,875 a month.
ZIP 03766 — Lebanon
The housing market in 03766 remains stable with steady price appreciation driven by high demand from the local medical and academic workforce. Inventory remains tight, keeping the market competitive despite broader economic headwinds. Figures for specific metrics like price cuts and sales counts are based on current market reports, while some granular data points are null as they are not published at the ZIP level.
This ZIP is ideal for medical professionals, university staff, and families seeking a balance of small-town character with access to major regional employment centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 03766, Grafton County NH
Not determinable; local law enforcement agencies did not report complete 2024 data to the FBI UCR Program.
The area is served by the Lebanon School District, which generally maintains a solid reputation within the Upper Valley region for academic performance.
The region faces typical New England climate risks, including winter storm impacts and potential seasonal flooding near the Connecticut River, though wildfire risk is generally low.
Lebanon serves as a major employment hub for the Upper Valley, anchored by Dartmouth-Hitchcock Medical Center and proximity to Dartmouth College, driving consistent demand for housing.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (New Hampshire) — New Hampshire Property Tax: Property taxes are levied by local taxing districts (municipalities, counties, school districts). The tax is calculated by multiplying the assessed value of the property by the local tax rate (tax rate = total amount to be raised / total assessed value of the municipality). State (New Hampshire) — Property Tax Abatement: Provides a mechanism for property owners to seek a reduction in their tax assessment if they can prove the assessment is disproportionate to other properties or causes undue hardship.
Residents benefit from proximity to I-89 and I-91, providing efficient access to major regional employers in Hanover and White River Junction.
The area offers extensive access to the Mascoma River, local rail trails for hiking and biking, and proximity to major ski resorts and the shopping districts of West Lebanon.
The rental market is characterized by high demand and low vacancy rates, driven by the presence of medical professionals and university-affiliated staff.
The economy is heavily anchored by the healthcare sector, specifically Dartmouth-Hitchcock Medical Center, and the educational sector, with significant spillover from nearby Dartmouth College.
The area is served by Advance Transit, providing free bus service throughout the Upper Valley, and is located at the junction of I-89 and I-91.
Ongoing municipal focus on increasing housing density near the downtown core to address regional supply shortages.
The City of Lebanon performs periodic revaluations to ensure assessments reflect current market conditions.
Parcels are subject to the Lebanon School District and various municipal utility districts for water and sewer services.
Property insurance premiums are stable but reflect the regional risk profile for winter weather and water-related damage.
Data retrieved from US Census Bureau ZCTA 03766 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Provides recreational fishing and scenic walking paths.
A major multi-use trail for cycling and hiking extending through the region.
A historic venue hosting regional arts and cultural performances.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.