The housing market in Lebanon, SD is on the rise, with a median value of $44,000 that has appreciated 14.45% over the last year. This is higher than the US house median value of $338,100 and the nation's 1 year house appreciation of 8.27%. This indicates that there is an increased demand for housing in Lebanon that is driving up prices. This trend could make Lebanon an attractive place for potential homebuyers to consider when looking for a new home.
The median home cost in Lebanon is $44,000. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lebanon is up 17.2%.
Average Age of Homes
- The median age of Lebanon real estate is 78 years old
The Rental Market in Lebanon
- Renters make up 7.1% 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.