Home prices
The price of the median home in Lebanon is $92,600. It is about $5,160 (5%) lower compared to its surrounding areas.It is approximately $124,900 (57%) lower in comparison to the rest of the nation, and compared to the city of Lexington-Fayette is about $97,200 (51%) lower.
Rents
The median rent in Lebanon is $592 per month. Compared to its surrounding areas it is approximately $63 (9%) lower.It is roughly $470 (44%) lower compared to the United States as a whole, and it is about $304 (33%) lower compared to the city of Lexington-Fayette.
Nearby places
Bradfordsville
Bradfordsville is roughly 7 miles southeast of Lebanon. Real estate prices there are substantially less expensive. The median home price in Bradfordsville is $56,700, which works out to $35,900 (63%) lower than Lebanon. Its rents are somewhat more expensive. Bradfordsville's median rent is $696 a month, which works out to $104 (14%) higher than Lebanon.
Loretto
Loretto is about 8 miles northwest of Lebanon. Its housing prices are a bit more expensive. The median home in Loretto is valued at $108,100, which works out to $15,500 (14%) higher than Lebanon. Rent there is pretty similar. Loretto's median monthly rent is $590, which is very similar to Lebanon.
Raywick
Raywick is roughly 8 miles west from Lebanon. Real estate prices there are a bit more expensive. The median home price in Raywick is $108,300, which works out to $15,700 (14%) higher than Lebanon. The rent there is a little more expensive. Raywick's median monthly rent is $625, which comes out to $33 (5%) higher than Lebanon.
Springfield
Springfield is approximately 8 miles north of Lebanon. The housing prices there are a little more expensive. Springfield's median home value is $120,700, which comes out to $28,100 (23%) higher than Lebanon. The rent there is pretty similar. Springfield's median rent is $588 per month, which is very similar to Lebanon.
Mackville
Mackville is roughly 14 miles northeast of Lebanon. Real estate prices there are similar. The median home in Mackville costs $95,000, which is $2,400 (2%) higher than Lebanon. Rent there is somewhat more expensive. Mackville's median monthly rent is $775, which is $183 (23%) higher than Lebanon.
