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Lebanon, OH Real Estate


According to census data in the year 2000 there were 6,205 housing units in Lebanon. This represents a 50.6% growth from 4,121 in 1990.

Of those housing units, 6,184 were located in either urbanized areas or urban clusters, and 21 were located in what is classified as a rural area.

Homeownership rate in Lebanon is about 59%. Lebanon's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Lebanon were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom8.80%
Two Bedrooms31.50%
Three Bedrooms44.50%
Four Bedrooms13.80%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1979
Median Value of occupied units$129,900
Median Price asked for vacant units$132,100

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1977
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10.50%
Home Equity Loan9.80%
Simple Mortgage59.40%
Debt Free20.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18%