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Condos Homes in Lebanon, IL

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5 View this home at Fort Henry Rd Belleville IL 62221
Preforeclosure
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$129,300 EMV
Fort Henry Rd
Belleville, IL 62221
Condo
972
EST. RENT: $1,121
|
AUCTION: 04-19-2024
Condo
972
View this home at Greenfield Dr Belleville IL 62221
Preforeclosure
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$168,148 EMV
Greenfield Dr
Belleville, IL 62221
Condo
EST. RENT: $1,102
|
AUCTION: 06-17-2024
Condo
5 View this home at Dovershire Dr Belleville IL 62221
Preforeclosure
VIEW DETAILS
$119,100 EMV
Dovershire Dr
Belleville, IL 62221
Condo
950
EST. RENT: $1,110
|
AUCTION: 05-22-2024
Condo
950
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Top Reasons To Live In Lebanon, IL In 2024

Lebanon is located in St. Clair, Illinois, with an estimated municipal population of 4,238 residents. All of the best foreclosed homes for sale in Lebanon are located in the following zip code areas on Foreclosure.com: 62254. The estimated population per square kilometer (.62 miles) in Lebanon is 615.


Cost Of Living In Lebanon, IL

So, about how much do homes cost in Lebanon? The most recent median value of resident-owned homes in Lebanon is 117,407. An estimated 63.8 percent of households in Lebanon own their homes, with an average family size of 3.07. The median household income in Lebanon is 60,962, with18.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lebanon, the median commute time of resident workers (in minutes) is 25.4. And last, but certainly not least, are you looking for homes to rent in Lebanon? If so, the average rent price paid by renters in Lebanon is 840, according to recent statistics.


Diversity And Demographics In Lebanon, Illinois

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 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 Lebanon is 37.5, split between 42.8 percent male versus 57.2 female. The percentage of residents who report being married in Lebanon is 45.1, with an average family size of 3.07.

The percentage of residents who report their race in Lebanon is as follows:

White 80.3%
Black / African American 17.3%
Asian 0%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lebanon? Or maybe you are searching for 55+ active adult communities in and/or near Lebanon?

The percentage of residents who report their age in Lebanon is as follows:

Under 10 6.8%
Aged 10-19 15.9%
20s 20.2%
30s 10.8%
40s 10.1%
50s 9.7%
60s 12.6%
70s 7.7%
80+ 6.2%

Best Schools In Lebanon, Illinois

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 Lebanon with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lebanon.


Pros And Cons Of Living In Lebanon, Illinois

How do you know that living in -- or moving to -- Lebanon is right where you need to be? Perhaps you grew up in Lebanon or already live nearby; therefore, the decision to buy a home in Lebanon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to 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 Lebanon:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lebanon.


Reasons To Move To Lebanon, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lebanon can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lebanon, meanwhile, can field multiple offers from more qualified buyers.

Lebanon, IL Condos Foreclosures


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