There are currently 1,555 real estate properties in South Lebanon, OH, with a median automated valuation model (AVM) price of $288,173.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Lebanon, OH, 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 South Lebanon, OH, is $338,020.00, with the most expensive house in South Lebanon, OH, topping out at $1,737,765.00 and the cheapest home in South Lebanon, OH, clocking in at $34,363.00. In other words, there’s something for every potential homebuyer or savvy investor in South Lebanon, OH!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Lebanon, OH, is on a rollercoaster ride. The average rent price in South Lebanon, OH, is $1,553.00. Indeed, when looking to rent in South Lebanon, OH, you can expect to pay as little as $560.00 or as much as $3,020.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in South Lebanon, OH -- 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.
South Lebanon is located in Warren, Ohio, with an estimated municipal population of 4,668 residents. All of the best foreclosed homes for sale in South Lebanon are located in the following zip code areas on Foreclosure.com: 45065 45036 45034 45039. The estimated population per square kilometer (.62 miles) in South Lebanon is 547.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to South Lebanon, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in South Lebanon is 40.2, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in South Lebanon is 63.2, with an average family size of 2.62.
The percentage of residents who report their race in South Lebanon is as follows:
White | 86.8% |
Black / African American | 5.6% |
Asian | 1.5% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 2.1% |
Other | 4.1% |
Looking for family-friendly neighborhoods in and/or near South Lebanon? Or maybe you are searching for 55+ active adult communities in and/or near South Lebanon?
The percentage of residents who report their age in South Lebanon is as follows:
Under 10 | 11.4% |
Aged 10-19 | 11.9% |
20s | 15.2% |
30s | 11.2% |
40s | 8.3% |
50s | 11.9% |
60s | 18.2% |
70s | 6.7% |
80+ | 5.4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in South Lebanon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in South Lebanon.
How do you know that living in -- or moving to -- South Lebanon is right where you need to be? Perhaps you grew up in South Lebanon or already live nearby; therefore, the decision to buy a home in South Lebanon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to South Lebanon for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in South Lebanon:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like South Lebanon.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in South Lebanon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in South Lebanon, meanwhile, can field multiple offers from more qualified buyers.
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