The housing market in Lebanon, SD (zip code 57455) is on the rise, with a median house value of $71,900, more than five times lower than the US median. Over the past year, Lebanon's house appreciation rate has grown 14.45%, significantly higher than the national average of 8.27%. As such, it could be a great place for people looking to purchase and invest in a property at a relatively low cost and potentially high return on investment.
The median home cost in Lebanon (zip 57455) is $71,900. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Lebanon (zip 57455) is up 17.2%.
Average Age of Homes
- The median age of Lebanon (zip 57455) real estate is 78 years old
The Rental Market in Lebanon (zip 57455)
- Renters make up 6.7% of the Lebanon (zip 57455) population
- 0.0% of houses and apartments in Lebanon (zip 57455), 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.