The housing market in Lebanon, IN is thriving. The median value of homes is $239,100 which is significantly lower than the US median value of $338,100. Additionally, over the last year, house appreciation in Lebanon has been 13.98%, higher than the US average of 8.27%. This means that purchasing a home in Lebanon can be a smart investment and buyers are likely to profit from doing so. For those looking for a great place to live with a strong real estate market, Lebanon can be an excellent choice.
The median home cost in Lebanon is $239,100. Home appreciation the last 10 years has been 92.9%. Home Appreciation in Lebanon is up 18.4%.
Average Age of Homes
- The median age of Lebanon real estate is 39 years old
The Rental Market in Lebanon
- Renters make up 34.8% of the Lebanon population
- 0.0% of houses and apartments in Lebanon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.