Housing in Lebanon Metro Area, Pennsylvania

The median home cost in Lebanon Metro Area is $170,900. Home appreciation the last 10 years has been 5.0%. Home Appreciation in Lebanon Metro Area is up 5.3%. Browse Lebanon Metro Area Real Estate

Average Age of Homes

- The median age of Lebanon Metro Area real estate is 47 years old

The Rental Market in Lebanon Metro Area

- Renters make up 26.5% of the Lebanon Metro Area population
- 1.2% of houses and apartments in Lebanon Metro Area, are available to rent

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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.

HOUSING	Lebanon, Pennsylvania	United States
Median Home Age	49	40
Median Home Cost	$170,900	$231,200
Home Appr. Last 12 months	5.3%	6.7%
Home Appr. Last 5 yrs.	13.5%	35.6%
Home Appr. Last 10 yrs.	5.0%	27.4%
Property Tax Rate	$15.98	$11.78
Property Taxes Paid	$2,731	$2,724
Homes Owned	64.4%	56.0%
Housing Vacant	7.3%	12.2%
Homes Rented	28.3%	31.8%
AVERAGE RENT FOR HOME OR APARTMENT
Average Rent	$1,195	$1,470
Studio Apartment	$697	$821
1 Bedroom Home or Apartment	$702	$930
2 Bedroom Home or Apartment	$908	$1,148
3 Bedroom Home or Apartment	$1,186	$1,537
4 Bedroom Home or Apartment	$1,357	$1,791
VACANT HOUSING
Vacant For Rent	1.2%	2.1%
Vacant Rented	0.6%	0.5%
Vacant For Sale	1.1%	1.0%
Vacant Sold	0.5%	0.5%
Vacant Vacation	1.0%	4.0%
Vacant Other	3.1%	4.2%
VALUE OF OWNER-OCCUPIED HOUSING
Less Than $20,000	4.1%	3.5%
$20,000 to $39,999	2.2%	3.1%
$40,000 to $59,999	2.3%	3.9%
$60,000 to $79,999	4.5%	5.4%
$80,000 to $99,999	5.6%	6.3%
$100,000 to $149,999	20.8%	14.7%
$150,000 to $199,999	25.6%	14.6%
$200,000 to $299,999	23.5%	18.7%
$300,000 to $399,999	6.6%	11.0%
$400,000 to $499,999	2.2%	6.2%
$500,000 to $749,999	1.8%	7.0%
$750,000 to $999,999	0.3%	2.7%
$1,000,000 to $1,499,999	0.3%	1.5%
$1,500,000 to $1,999,999	0.1%	0.5%
$2,000,000 and over	0.2%	0.7%