Zip 24266 (Lebanon, VA) Housing


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United States / Virginia / No Metro Area / Russell County / Lebanon / Lebanon (zip 24266)
The housing market in Lebanon, VA (24266) is flourishing. With a median value of $158,000, it is much lower than the US median value of $338,100. The 1 year house appreciation rate in this area has been remarkable – 18.69%, compared to the 8.27% US-wide average. This suggests that real estate in 24266 is an attractive investment opportunity for potential homeowners and investors alike.

The median home cost in Lebanon (zip 24266) is $158,000. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Lebanon (zip 24266) is up 22.5%.

Average Age of Homes
- The median age of Lebanon (zip 24266) real estate is 32 years old
The Rental Market in Lebanon (zip 24266)
- Renters make up 20.7% of the Lebanon (zip 24266) population
- 2.5% of houses and apartments in Lebanon (zip 24266), 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

  HousingLebanon, VirginiaUnited States
  4,261.0139,647,020.0
  3742
  $158,000$338,100
  22.5%16.6%
  67.7%57.0%
  78.0%101.1%
  $6.46$10.98
  $716$2,690
  63.4%57.4%
  16.7%11.2%
  19.9%31.4%
  Vacant Housing
  2.5%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.5%3.6%
  13.6%4.1%
  Value of Owner-Occupied Housing
  6.0%2.6%
  6.1%2.4%
  18.0%2.8%
  9.7%3.9%
  6.7%4.5%
  16.1%11.3%
  15.2%13.0%
  17.2%20.1%
  2.2%13.6%
  0.9%8.3%
  0.7%9.7%
  1.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  10.6%13.6%
  10.6%13.6%
  20.6%13.6%
  24.6%13.2%
  14.5%14.8%
  20.6%13.6%
  9.7%10.0%
  3.8%4.7%
  2.2%12.2%
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