The housing market in West Lebanon, IN is quite strong, with the median value of homes currently at $120,100. This is significantly lower than the US median house value of $338,100, but it has appreciated at a higher rate over the past year - 10.75% compared to 8.27% for the nation as a whole. The affordable cost and solid appreciation rate make West Lebanon an attractive option for those looking to invest in property.
The median home cost in West Lebanon is $120,100. Home appreciation the last 10 years has been 84.4%. Home Appreciation in West Lebanon is up 14.6%.
Average Age of Homes
- The median age of West Lebanon real estate is 52 years old
The Rental Market in West Lebanon
- Renters make up 43.5% of the West Lebanon population
- 1.9% of houses and apartments in West 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.