Lebanon, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Lebanon Neighborhoods Since 2000




Lebanon, NH Real Estate Data


Lebanon Housing Market Information

With 13,579 people, 6,391 houses or apartments, and a median cost of homes of $273,217, 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

Appreciation rates for homes in Lebanon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.50%, which ranks in the top 50% nationwide. This equates to an annual average Lebanon house appreciation rate of 0.15%.

NeighborhoodScout's data show that during the latest twelve months, Lebanon's appreciation rate, at 3.74%, has been at or slightly above the national average. In the latest quarter, Lebanon's appreciation rate has been 0.90%, which annualizes to a rate of 3.63%.

Relative to New Hampshire, our data show that Lebanon's latest annual appreciation rate is lower than 60% of the other cities and towns in New Hampshire.

Average Home Values

 

Median Home Value:
$273,217

Lebanon, NH HOME PRICES

Value Range
> $1,069,000 0.4
$802,001 - $1,069,000 1.2
$535,001 - $802,000 4.5
$428,001 - $535,000 5.4
$321,001 - $428,000 21.1
$214,001 - $321,000 38.5
$107,001 - $214,000 20.9
$53,001 - $107,000 2.6
$0 - $53,000 5.2

Average for NH
Very High for Nation

Value Relative to Nation Value Relative to State
19.0261338333529 41.4012738853503

Number Of Homes And Apartments:
6,391

Rent & Ownership

 

Average Market Rent:
$1,219 / 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

Lebanon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
62.96% 2.87% 9 8
* 10 is highest