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.