West Lebanon, VT

Population: 13,145
Average annual home appreciation rate: -1.86%
Total of homes for sale in this market:
Median home price: $210,005
Median Rent: $903
Home price range: 41.32% of homes are between $185,001 – $277,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 47.24% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 4.65%
Number of renters: 46.98%
Number of owner occupied: 53.02%
Number people living below poverty level: 9.46%
Unemployment rate: 3.20%
Is this area perfect for real estate deals going on right now? Lebanon has been a “down” market for quite some time now. It’s important to be said… overall, the home prices are lower than many markets in the US at this time, and the rents are much higher than the national average. Since the market is down, that means there will be opportunities for savvy investors to enter the market now, (and like history shows), hopefully make a great increase on investment as the market makes its long promised return.

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