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Multi-family Foreclosures 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 $232,490.
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 $7,638,264.
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 picturesque small town in Russell County, known for its welcoming community and beautiful outdoor spaces. It offers a peaceful lifestyle with essential amenities and a commitment to education. Residents enjoy the charm of small-town living while being surrounded by the natural beauty of Virginia’s mountains.

Current Market Conditions in Lebanon, VA

The real estate market in Lebanon, VA has shown stability over the past year, with home prices remaining consistent due to steady demand and a limited supply of available properties. The town's charm and the appeal of rural living have attracted buyers looking for affordable home options in contrast to urban settings, leading to a balanced market with opportunities for both buyers and sellers.

New developments have started to emerge, aiming to attract more families and retirees to this quaint community. As urban areas grow increasingly congested, buyers are looking at Lebanon for its affordability and quality of life, signaling an upward trend in interest and investment.

Home Value Estimator For Lebanon, VA

There are currently 2,740 real estate properties in Lebanon, VA, with a median automated valuation model (AVM) price of $193,564.00. 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 $232,490.00, with the most expensive house in Lebanon, VA, topping out at $7,638,264.00 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 Multi-family Homes


Market Trend for Lebanon, VA

Total Listings Available: 0

Market Values:

Home Prices from $11,731 to $7,638,264

Average Sales Price: $232,490

Rental Values:

Rental from $590 to $1,810

Average Rent Value: $1,065 / month

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