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Lebanon, TN Housing

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As of 2010-2014, median price of a house in Lebanon is $169,800, which is higher than the state average of $139,900 and is about the same as the national average of $175,700. The Lebanon median house value has grown by 42.45% since 2000. The growth rate for the price of a house in Lebanon is lower than the state average rate of 50.43% and is lower than the national average rate of 46.91%. The median year that a house in Lebanon was built is 1987, which is newer than the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 5,855 Owner Occupied Houses in Lebanon, TN, #56

Lebanon, TN	169,800 USD
Tennessee	139,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #169

Lebanon, TN	42.45%
Tennessee	50.43%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lebanon, TN	Tennessee	U.S.
Total Housing Units	11,372, see rank, 100%	2,839,142	132,741,033
Occupied Housing Units	10,328, 90.82%, see rank	87.61%	87.55%
Owner Occupied	5,855, 51.49%, see rank	58.82%	56.34%
Renter Occupied	4,473, 39.33%, see rank	28.79%	31.21%
Vacant Housing Units	1,044, 9.18%, see rank	12.39%	12.45%
For Rent	539, 4.74%, see rank	2.61%	2.34%
For Sale Only	76, 0.67%, see rank	1.32%	1.20%
Rented or Sold, Not Occupied	224, 1.97%, see rank	1.07%	0.92%
For Seasonal, Recreational, or Occasional Use	64, 0.56%, see rank	2.44%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	141, 1.24%, see rank	4.93%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #74

Lebanon, TN	Tennessee	U.S.
1987	1981	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lebanon, TN	%	Tennessee	U.S.
Owner-Occupied Units	5,855	100%	1,669,953	74,787,460
With a Mortgage	3,789	64.71%, see rank	61.60%	65.58%
Without a Mortgage	2,066	35.29%, see rank	38.40%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lebanon, TN	1,250 USD
Tennessee	1,197 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lebanon, TN	%	Tennessee	U.S.
$299 or Less	28	0.74%, see rank	0.28%	0.20%
$300 to $499	69	1.82%, see rank	2.56%	1.59%
$500 to $699	243	6.41%, see rank	8.39%	5.01%
$700 to $999	721	19.03%, see rank	23.06%	14.32%
$1,000 to $1,499	1,516	40.01%, see rank	34.56%	27.90%
$1,500 to $1,999	777	20.51%, see rank	16.87%	20.35%
$2,000 to $2,999	295	7.79%, see rank	10.45%	19.52%
$3,000 or More	140	3.69%, see rank	3.83%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lebanon, TN	23.40% of the Total Income
Tennessee	22.70% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lebanon, TN	%	Tennessee	U.S.
10% or Less	208	5.49%, see rank	6.05%	5.86%
10% to 20%	1,208	31.88%, see rank	34.78%	31.95%
20% to 30%	1,182	31.20%, see rank	28.01%	27.64%
30% to 40%	533	14.07%, see rank	12.76%	13.74%
40% or More	658	17.37%, see rank	17.77%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lebanon, TN	404 USD
Tennessee	359 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lebanon, TN	%	Tennessee	U.S.
$199 or Less	92	4.45%, see rank	10.63%	7.76%
$200 to $299	351	16.99%, see rank	23.38%	14.70%
$300 to $499	985	47.68%, see rank	42.62%	34.63%
$500 to $699	449	21.73%, see rank	15.15%	21.16%
$700 or More	189	9.15%, see rank	8.22%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lebanon, TN	11.50% of the Total Income
Tennessee	11.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lebanon, TN	%	Tennessee	U.S.
10% or Less	839	40.61%, see rank	45.34%	40.19%
10% to 20%	893	43.22%, see rank	31.24%	31.47%
20% to 30%	106	5.13%, see rank	10.84%	12.24%
30% to 40%	87	4.21%, see rank	4.71%	5.64%
40% or More	121	5.86%, see rank	6.65%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lebanon, TN	Tennessee	U.S.
Total Housing Units	11,372, 100%	2,839,142	132,741,033
1-unit, Detached	7,071, 62.18%, see rank	68.74%	61.65%
1-unit, Attached	437, 3.84%, see rank	3.11%	5.82%
2 Units	845, 7.43%, see rank	3.00%	3.75%
3 or 4 Units	508, 4.47%, see rank	3.14%	4.43%
5 to 9 Units	934, 8.21%, see rank	4.62%	4.78%
10 or More Units	848, 7.46%, see rank	7.73%	13.08%
Mobile Home, Boat, RV, Van, etc.	729, 6.41%, see rank	9.67%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lebanon, TN	Tennessee	U.S.
Total Housing Units	11,372, 100%	2,839,142	132,741,033
1 Room	214, 1.88%, see rank	1.08%	1.95%
2 Rooms	122, 1.07%, see rank	1.43%	2.48%
3 Rooms	775, 6.81%, see rank	6.75%	9.13%
4 Rooms	2,228, 19.59%, see rank	16.35%	16.60%
5 Rooms	2,420, 21.28%, see rank	22.36%	20.41%
6 Rooms	1,948, 17.13%, see rank	19.26%	18.06%
7 Rooms	1,540, 13.54%, see rank	13.02%	12.27%
8 Rooms	1,089, 9.58%, see rank	8.63%	8.48%
9 Rooms or More	1,036, 9.11%, see rank	11.12%	10.60%
Median Rooms	5.50, see rank	5.60	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lebanon, TN	Tennessee	U.S.
Total Housing Units	11,372, 100%	2,839,142	132,741,033
No Bedroom	236, 2.08%, see rank	1.18%	2.17%
1 Bedroom	656, 5.77%, see rank	7.78%	11.16%
2 Bedrooms	3,545, 31.17%, see rank	26.67%	26.69%
3 Bedrooms	5,281, 46.44%, see rank	46.66%	39.70%
4 Bedrooms	1,314, 11.55%, see rank	14.27%	16.05%
5 or More Bedrooms	340, 2.99%, see rank	3.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lebanon, TN	Tennessee	U.S.
Total Housing Units	10,328, 100%	2,487,349	116,211,092
Utility Gas	3,944, 38.19%, see rank	33.15%	48.85%
Bottled, Tank, or LP Gas	195, 1.89%, see rank	4.33%	4.86%
Electricity	6,038, 58.46%, see rank	59.47%	36.68%
Fuel Oil, Kerosene, etc.	23, 0.22%, see rank	0.47%	5.86%
Coal or Coke	0, 0.00%, see rank	0.04%	0.12%
Wood	73, 0.71%, see rank	2.14%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	33, 0.32%, see rank	0.11%	0.47%
No Fuel Used	22, 0.21%, see rank	0.27%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lebanon, TN	Tennessee	U.S.
Occupied Units Paying Rent	4,177, 100%	747,962	39,201,928
$199 or Less	147, 3.52%, see rank	2.40%	1.50%
$200 to $299	174, 4.17%, see rank	4.03%	3.18%
$300 to $499	261, 6.25%, see rank	10.84%	7.37%
$500 to $699	894, 21.40%, see rank	24.36%	16.01%
$700 to $999	1,829, 43.79%, see rank	35.12%	29.17%
$1,000 to $1,499	806, 19.30%, see rank	18.39%	26.88%
$1,500 to $1,999	38, 0.91%, see rank	3.36%	9.79%
$2,000 or More	28, 0.67%, see rank	1.49%	6.10%
Median	$786, see rank	$757	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lebanon, TN	Tennessee	U.S.
Occupied Housing Units	10,328, 100%	2,487,349	116,211,092
No Vehicles Available	801, 7.76%, see rank	6.39%	9.12%
1 Vehicles Available	3,828, 37.06%, see rank	32.88%	33.80%
2 Vehicles Available	3,750, 36.31%, see rank	38.26%	37.48%
3 or More Vehicles Available	1,949, 18.87%, see rank	22.47%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.