Lebanon, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lebanon Neighborhoods Since 2000




Lebanon, NH Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lebanon Housing Market Information

With a population of 13,579, 6,391 total housing units (homes and apartments), and a median house value of $271,311, Lebanon real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lebanon, accounting for 41.52% of the city's housing units. Other types of housing that are prevalent in Lebanon include large apartment complexes or high rise apartments ( 32.10%), duplexes, homes converted to apartments or other small apartment buildings ( 18.12%), and a few row houses and other attached homes ( 4.23%).

People in Lebanon primarily live in small (one, two or no bedroom) single-family detached homes. Lebanon has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Lebanon built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lebanon built before 1939 ( 27.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.76%). There's also some housing in Lebanon built between 2000 and later ( 16.96%).

Lebanon Home Appreciation Rates

Real estate appreciation rates in Lebanon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.01% during the period.

Over the last year, Lebanon appreciation rates have trailed the rest of the nation. In the last twelve months, Lebanon's appreciation rate has been 2.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lebanon were at -0.46%, which equates to an annual appreciation rate of -1.83%.

Relative to New Hampshire, our data show that Lebanon's latest annual appreciation rate is lower than 80% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$271,311

Lebanon, NH HOME PRICES

Value Range
> $1,062,000 0.4
$796,001 - $1,062,000 1.2
$531,001 - $796,000 4.5
$425,001 - $531,000 5.4
$319,001 - $425,000 21.1
$212,001 - $319,000 38.5
$106,001 - $212,000 20.9
$53,001 - $106,000 2.6
$0 - $53,000 5.2

Average for NH
Very High for Nation

Value Relative to Nation Value Relative to State
19.5652173913043 42.0382165605096

Number Of Homes And Apartments:
6,391

Lebanon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
61.84% 2.83% 9 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,266 / per month

Homeownership Rate

Homeownership
Owners 49.35
Renters 50.65
Vacant 6.37

Housing Market Details

 

Age of Homes

AGE OF Lebanon HOMES
2000 or Newer 17.0
1970 - 1999 38.0
1940 - 1969 17.8
1939 or Older 27.3

Types of Homes

TYPE OF Lebanon HOMES
Single-Family 41.5
Townhomes 4.2
Small Apt. Buildings 18.1
Apt. Complexes 32.1
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Lebanon HOMES
No Bedroom 2.31
1 Bedroom 18.12
2 Bedrooms 38.92
3 Bedrooms 27.12
4 Bedrooms 12.19
5 or more bedrooms 1.33