Lebanon, IL Real Estate
According to census data in the year 2000 there were 1,386 housing units in Lebanon.
This represents a 4.4% decline from 1,450 in 1990.
Of those housing units, 1,370 were located in either urbanized areas or urban clusters, and 16 were located in what is classified as a rural area.
Homeownership rate in Lebanon is about 64.3%.
Lebanon's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Lebanon were built after 1959.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.47|
|Median year structure was built||1956|
|Median Value of occupied units||$83,100|
|Median Price asked for vacant units||$92,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.2|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$213|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.1%|