West Lebanon, IN—47991
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Lebanon, IN
As of Oct '25, the median home price in West Lebanon, IN is $147,000, with a year-over-year change of 5.5%. This indicates that home prices in West Lebanon, IN are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $147,000 | 5.5% |
| Single Family | $147,000 | 5.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $115,000 | 2.7% |
3 Bed | $155,000 | 6.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Lebanon, IN
West Lebanon, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Lebanon, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in West Lebanon, IN is 34. This is a decrease of -71.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $208,000 | -15.0% |
Listing Count | 6 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 34 | -71.0% |
Demographics — West Lebanon, IN
As of the latest ACS Survey released in 2023, West Lebanon, IN has a population of 1,400, which has increased by 45.9% over the past 5 years. West Lebanon, IN is a moderately popular place for families, as children make up 17.2% of the population. The area has a poorly educated workforce, with 5.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,400 | 45.9% |
% Under 18 | 17.2% | -30.4% |
% Seniors | 27.6% | 32.7% |
% WFH | 0.3% | -87.0% |
% w/ College Degree | 5.7% | -65.7% |
As of the latest ACS Survey released in 2023, West Lebanon, IN is a predominantly white area, with 98.9% of the population identifying as white. The white population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in West Lebanon, IN is hispanic, making up 0.8% of the population. Foreign-born residents account for 0.1% of the population in West Lebanon, IN, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.9% | 0.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.8% | 60.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | ∞% |
Mortgage and Risk — West Lebanon, IN
West Lebanon, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — West Lebanon, IN
West Lebanon, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $820 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — West Lebanon, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.1 |
| Median Home Price | $147,000 |
| Median Household Income | $103,000 |