The housing market in Lebanon, OK is quite prosperous. The median value of a house is $147,800, which is significantly lower than the US median of $338,100. Furthermore, the appreciation rate of homes in Lebanon, OK stands at 13.34%, higher than the US average of 8.27%. This demonstrates how attractive and profitable it is to buy a house in this area. In conclusion, Lebanon, OK’s thriving housing market makes it an ideal place to invest in real estate.
The median home cost in Lebanon is $147,800. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Lebanon is up 14.5%.
Average Age of Homes
- The median age of Lebanon real estate is 27 years old
The Rental Market in Lebanon
- Renters make up 20.3% 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.