Zip 47991 (West Lebanon, IN) Housing

The housing in 47991 West Lebanon, IN is quite attractive. The median value of a house in the area is $120,800, which is much lower than the US median value of $338,100. On top of that, the appreciation rate for houses in the area has been higher than the national average for the past year, at 10.75%, compared to 8.27% nationally. This makes 47991 West Lebanon an attractive area for any homebuyer looking for good value and potential appreciation.

The median home cost in West Lebanon (zip 47991) is $120,800. Home appreciation the last 10 years has been 84.4%. Home Appreciation in West Lebanon (zip 47991) is up 14.6%.

Average Age of Homes

- The median age of West Lebanon (zip 47991) real estate is 51 years old

The Rental Market in West Lebanon (zip 47991)

- Renters make up 40.2% of the West Lebanon (zip 47991) population
- 1.3% of houses and apartments in West Lebanon (zip 47991), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	West Lebanon, Indiana	United States
	553.0	139,647,020.0
	44	42
	$120,800	$338,100
	14.6%	16.6%
	58.9%	57.0%
	84.4%	101.1%
	$5.17	$10.98
	$584	$2,690
	57.1%	57.4%
	14.1%	11.2%
	28.8%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	11.8%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	4.7%	2.4%
	9.5%	2.8%
	19.3%	3.9%
	17.4%	4.5%
	15.8%	11.3%
	13.0%	13.0%
	11.1%	20.1%
	3.8%	13.6%
	0.0%	8.3%
	3.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.6%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	23.5%	13.6%
	15.0%	13.2%
	9.8%	14.8%
	23.5%	13.6%
	6.7%	10.0%
	0.5%	4.7%
	21.3%	12.2%

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