The housing market in South Lebanon, OR is doing well; the median value of a house here is $256,800, which is significantly lower than the national median of $338,100. The US 1 year house appreciation rate has been 8.27%, while in South Lebanon it's even higher at 9.26%. This trend indicates that now may be a good time to buy property in South Lebanon as prices are relatively low and values have increased quickly over the last year. With continued growth predicted over the coming years, this could be a great investment opportunity for those looking to buy or build a home in this area.
The median home cost in South Lebanon is $256,800. Home appreciation the last 10 years has been 144.5%. Home Appreciation in South Lebanon is up 14.2%.
Average Age of Homes
- The median age of South Lebanon real estate is 51 years old
The Rental Market in South Lebanon
- Renters make up 21.1% of the South Lebanon population
- 0.0% of houses and apartments in South 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.