New Lebanon, OH has a median housing value of $139,200, which is considerably lower than the US median housing value of $338,100. Despite this, New Lebanon experienced higher house appreciation over the last year with an increase of 11.90%, compared to 8.27% for the US average. This indicates that New Lebanon's housing market is strong and could be a good option for people looking to buy a home in Ohio.
The median home cost in New Lebanon is $139,200. Home appreciation the last 10 years has been 75.2%. Home Appreciation in New Lebanon is up 13.0%.
Average Age of Homes
- The median age of New Lebanon real estate is 51 years old
The Rental Market in New Lebanon
- Renters make up 40.3% of the New Lebanon population
- 2.4% of houses and apartments in New 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.