Lebanon, TN has the highest median housing value of any city in Tennessee. At $455,800, it is more than 36% higher than the U.S. median of $338,100. The one-year appreciation rate for Lebanon is also impressive at 15.74%, more than double the national average of 8.27%. This high rate of appreciation indicates that homeowners in Lebanon are likely to receive a good return on their investment in the near future.
The median home cost in Lebanon (zip 37090) is $455,800. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Lebanon (zip 37090) is up 25.0%.
Average Age of Homes
- The median age of Lebanon (zip 37090) real estate is 27 years old
The Rental Market in Lebanon (zip 37090)
- Renters make up 21.4% of the Lebanon (zip 37090) population
- 2.5% of houses and apartments in Lebanon (zip 37090), 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.