The housing market in Lebanon, PA County is proving to be an attractive option for residents and potential buyers. The median home value in the county stands at $252,000, which is significantly lower than the US median of $338,100. Furthermore, the 1 year house appreciation rate is 11.31%, which is higher than the national average of 8.27%. This suggests that investing in a property within this county would likely yield a good return in the future.
The median home cost in Lebanon County is $252,000. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Lebanon County is up 14.0%.
Average Age of Homes
- The median age of Lebanon County real estate is 49 years old
The Rental Market in Lebanon County
- Renters make up 26.5% of the Lebanon County population
- 1.6% of houses and apartments in Lebanon County, 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.