Foreclosure Homes in Lebanon, OR

Current Market Conditions in Lebanon, OR

The Lebanon real estate market has been experiencing steady growth, driven by a combination of factors including its appealing location and increasing demand for affordable housing. The influx of people seeking more spacious living arrangements outside urban centers has enhanced the area's popularity among home buyers.

Currently, there is a balance between supply and demand, which allows for competitive pricing while still offering options for buyers. Homes in Lebanon typically see significant interest, and multi-offer situations are not uncommon, especially within desirable neighborhoods.

Rent Prices In Lebanon, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lebanon, OR, is on a rollercoaster ride. The average rent price in Lebanon, OR, is $1,208.00. Indeed, when looking to rent in Lebanon, OR, you can expect to pay as little as $650.00 or as much as $3,560.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Lebanon, OR -- 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.