The housing market in Lebanon, KY is booming. The median value of a house there is $177,300 - significantly lower than the US median of $338,100. Not only is this an attainable price point for many people looking to buy a home, but it has experienced an impressive 12.20% appreciation over the last year - this is much higher than the US average of 8.27%. This makes Lebanon, KY a great place to invest in real estate and start building wealth for the future.
The median home cost in Lebanon is $177,300. Home appreciation the last 10 years has been 74.3%. Home Appreciation in Lebanon is up 14.0%.
Average Age of Homes
- The median age of Lebanon real estate is 45 years old
The Rental Market in Lebanon
- Renters make up 40.3% 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.