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Auctions in Lebanon, VA

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Lebanon, VA Foreclosures

How much do homes sell for in Lebanon, VA?
The average home price is currently $231,841.
In Lebanon, VA, how many homes are available?
There are currently 6 active home listings available in Lebanon.
What’s the average rental cost in Lebanon, VA?
The average rental price in Lebanon is $1,065.
What is the most expensive home in Lebanon?
The most expensive home sold in Lebanon had a price of $8,284,390.
What is currently the cheapest priced home in Lebanon, VA?
The cheapest home for sale in Lebanon is priced at $11,731.

Living in Lebanon, VA

Lebanon, VA is a quaint town in Russell County known for its friendly community, beautiful Appalachian landscapes, and various outdoor activities. With a rich historical background and a focus on local shops and events, Lebanon offers a peaceful environment ideal for families and individuals alike.

Current Market Conditions in Lebanon, VA

The current real estate market in Lebanon shows signs of stability, with a mix of affordable homes and some higher-end properties available. The demand for houses has been steady, particularly among first-time home buyers drawn to the area's affordable living. In the past month, there has been a slight uptick in home sales, indicating growing interest in this charming town.

The real estate landscape in Lebanon has seen a gradual increase in prices over the past year, with many homes appreciating in value due to limited inventory. New residential developments are emerging, catering to the needs of families and retirees looking to settle in a tranquil setting.

Home Value Estimator For Lebanon, VA

There are currently 2,737 real estate properties in Lebanon, VA, with a median automated valuation model (AVM) price of $191,360.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lebanon, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lebanon, VA, is $231,841.00, with the most expensive house in Lebanon, VA, topping out at $8,284,390.00 and the cheapest home in Lebanon, VA, clocking in at $11,731.00. In other words, there’s something for every potential homebuyer or savvy investor in Lebanon, VA!

Rent Prices In Lebanon, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lebanon, VA, is on a rollercoaster ride. The average rent price in Lebanon, VA, is $1,065.00. Indeed, when looking to rent in Lebanon, VA, you can expect to pay as little as $590.00 or as much as $1,810.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Lebanon, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lebanon, VA Auctions


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