Zip 04027 (Lebanon, ME) Housing

The housing market in Lebanon, ME (04027) is thriving. The median value of a home in the area is $332,900, slightly lower than the US median value of $338,100. However, while the one-year appreciation rate for homes across the US stands at 8.27%, homes in Lebanon have appreciated 12.21% in the last year! This makes it an attractive option for people looking to invest or purchase property in the area.

The median home cost in Lebanon (zip 04027) is $332,900. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Lebanon (zip 04027) is up 16.2%.

Average Age of Homes

- The median age of Lebanon (zip 04027) real estate is 30 years old

The Rental Market in Lebanon (zip 04027)

- Renters make up 11.9% of the Lebanon (zip 04027) population
- 0.0% of houses and apartments in Lebanon (zip 04027), 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	Lebanon, Maine	United States
	2,558.0	139,647,020.0
	35	42
	$332,900	$338,100
	16.2%	16.6%
	66.0%	57.0%
	95.8%	101.1%
	$10.85	$10.98
	$2,509	$2,690
	77.2%	57.4%
	11.0%	11.2%
	11.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	8.4%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	5.8%	2.6%
	1.9%	2.4%
	1.4%	2.8%
	4.8%	3.9%
	3.9%	4.5%
	4.0%	11.3%
	9.5%	13.0%
	56.2%	20.1%
	9.9%	13.6%
	1.9%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.6%	13.6%
	13.6%	13.6%
	25.1%	13.6%
	20.4%	13.2%
	18.3%	14.8%
	25.1%	13.6%
	3.0%	10.0%
	2.4%	4.7%
	7.4%	12.2%

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