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 29 90,978 5,742,119
Total Households 8 34,234 2,299,100
Total Families 6 22,871 1,469,281
Population Density 963 6,362 446,124
Percent Male 55% 52% 50%
Percent Female 45% 48% 50%
White Collar Jobs 46% 46% 56%
Blue Collar Jobs 54% 54% 44%

Top Occupations

Professions Population Employed
Healthcare 4
Manufacturing 3
Sales 2
Education 2
Natural Resources 2
Transportation 2
Construction 2
Retail 2
Management 1
Arts and Media 1

Male Female Breakdown

Population Age

White vs Blue Collar Jobs

Top Professions

Work Transportation Method

Household Income with Head of House hold under age of 25

Household Income with Head of House Hold between the ages of 25 and 44

Household Income with Head of House Hold between the ages of 45 and 64

Household Income with Head of Household over the age of 65

Housing Demographics

  City County State
Total Housing Units 7 38,245 2,641,602
Owner Occupied Housing Units 6 24,892 1,547,197
Renter Occupied Housing Units 1 9,366 751,903
Vacant Housing Units 0 3,989 342,513
Occupancy Rate 100% 90% 87%
Vehicles Per Housing Unit 3 44 1,563

Commute Time To Work

  City County State
Less than 5 minutes 1 3,618 124,926
5 - 14 minutes 3 7,422 371,944
15 - 29 minutes 5 5,155 447,971
30 - 44 minutes 3 4,041 290,448
45-59 minutes 2 3,122 152,657
Over 60 minutes 1 2,164 85,595

Total Housing Units

Housing By Occupant

Commute Time To Work

Monthly Rental Rates

Monthly Mortgage Costs

Age of Homeowners

Education Attainment

  City County State
Some High School 1 7,634 347,427
High School Graduate 5 25,929 1,239,522
Some College 4 13,970 817,979
Associates Degree 3 6,405 390,482
Bachelors Degree 1 7,384 713,854
Graduate Degree 1 2,370 261,553

Education Attainment


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

Market Conditions for Lebanon

Median Sale Price Graph

Median Sale Price

The median sale price for homes in September was $52,500. The median sales price for homes in September fell by ($3,500) compared to last month. This represents a 6.25% decrease from August. Compared to the same month last year, the median price of homes rose by $52,500 representing a % year-over-year change.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale remained level in September to . Compared to the same month last year when there were homes for sale, the inventory of homes for sale has did not change representing a % 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 3 homes sold in September was the same as in August. Compared to the same month last year, the number of homes sold increased by 3, a % year-over-year increase.

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 September (61) increased by 56 days compared to August. This represents a 1,120% 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 increased by 61, a % 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 82.73% in September fell by 14.05% compared to August and increased % 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 September (2) rose by 1 compared to August, a 100% change. Compared to September 2018, the number of new listings increased by 1, a 100% year-over-year change.

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 September was $240,900. The median list price for homes in September rose by $203,900 compared to last month. This represents a 551.08% increase from August. Compared to the same month last year, the median list price of homes decreased ($109,000) representing a -31.15% year-over-year decrease.




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