Lebanon, WI Real Estate

Lebanon Homes for Sale

The town of Lebanon is a rural community located between Milwaukee and Madison. The farming community is surrounded by farmland and offers country living. Populated by 1,767 people, the town has recently been developed due to the construction of a railroad. Enjoy this quaint community located in Dodge County.

Amenities
The small town atmosphere offers the basic amenities. The town has churches of various religions. Volunteer organizations have numerous events for the community to enjoy. The Lions Club and Sportman’s Club bring residents together for various activities.

Real Estate
The Lebanon housing market has a broad selection of homes for sale. Houses on the market include three-bedroom Ranches, one-story homes with open-concept floor plans, cost efficient Executives. Beautiful and affordable Condominiums are also available in the market. Starter homes in subdivisions have recently been developed. The average price of home in Lebanon is $160,870 with the cost of living 14.63% lower than the U.S. average.

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Demographics

Population Demographics

  City County State
Total Population 69 89,519 5,852,878
Total Households 28 34,123 2,349,819
Total Families 21 23,278 1,516,725
Percent Male 49% 52% 50%
Percent Female 51% 48% 50%
White Collar Jobs 61% 55% 58%
Blue Collar Jobs 39% 45% 42%

Top Occupations

Professions Population Employed
Other Services 14
Professional Services 9
Sales 8
Transportation 6
Maintenance 5
Management 3
Social Services 2
Education 2
Construction 2
Protective Services 1

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income

Housing Demographics

  City County State
Total Housing Units 0 0 0
Owner Occupied Housing Units 22 24,859 1,601,729
Renter Occupied Housing Units 6 9,264 748,090
Vacant Housing Units 1 3,031 311,518
Occupancy Rate 97% 89% 84%

Commute Time To Work

2
  City County State
Less than 5 minutes 2 3,461 135,725
5 - 15 minutes 6 14,874 877,463
15 - 30 minutes 16 12,321 975,154
30 - 45 minutes 6 5,372 370,565
45-60 minutes 2 2,537 120,537
Over 60 minutes 3 2,234 113,603

Total Housing Units

Housing By Occupant

Commute Time To Work

Age of Homeowners

Education Attainment

  City County State
Some High School 4 4,961 224,571
High School Graduate 18 25,847 1,256,597
Some College 13 13,888 833,955
Associates Degree 7 6,413 410,260
Bachelors Degree 4 7,272 747,113
Graduate Degree 2 3,065 384,121

Education Attainment


Market Conditions
Market Conditions for Lebanon - December 2019 | Shorewest Realtors®
December 2019

Market Conditions for Lebanon

Median Sale Price Graph

Median Sale Price

The median sale price for homes in December was $105,900. The median sales price for homes in December rose by $105,900 compared to last month. This represents a % increase from November. Compared to the same month last year, the median price of homes fell by ($219,100) representing a -67.41% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 1 in December to 5. This represents 16.66% decrease from November when 6 homes were on the market. Compared to the same month last year when there were 4 homes for sale, the inventory of homes for sale has risen by 1 representing a 25% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 1 homes sold in December was 1 more than in November. This represents a % increase in sales from November. Compared to the same month last year, the number of homes sold did not change 0, a 0% year-over-year .

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in December (15) increased by 15 days compared to November. This represents a % increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 21, a -58.33% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 99.06% in December rose by % compared to November and increased 9.7% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in December (1) remained level Compared to December 2018, the number of new listings remained level

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in December was $229,900. The median list price for homes in December fell by ($60,100) compared to last month. This represents a 20.72% decrease from November. Compared to the same month last year, the median list price of homes increased $15,000 representing a 6.97% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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