The housing market in Lebanon, OR (97355) is thriving with the median value of a house at around $368,400. This is significantly higher than the US median house value of $338,100. Furthermore, the one-year appreciation rate in Lebanon is 9.26%, which is slightly higher than the US average of 8.27%. Clearly, buying a home in Lebanon right now would be a wise investment as its housing market continues to grow at an impressive rate.
The median home cost in Lebanon (zip 97355) is $368,400. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Lebanon (zip 97355) is up 14.2%.
Average Age of Homes
- The median age of Lebanon (zip 97355) real estate is 42 years old
The Rental Market in Lebanon (zip 97355)
- Renters make up 28.9% of the Lebanon (zip 97355) population
- 1.5% of houses and apartments in Lebanon (zip 97355), 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.