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VA area data

Lebanon, VA

Lebanon, VA.

Population: 8,688 (Census ACS)

Home values & appreciation

Median home value
$197,814
1-year appreciation
+6.3%
3-year appreciation
+12.6%
5-year appreciation
+28.5%
10-year appreciation
+67.1%
All-time peak (2026-07)
$197,814
House Price Index
423.6 (+3.3% YoY)

Market activity

New listings (monthly)
8

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
2
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Very Low
Top hazards
coldWave, landslide

Climate (30-year normals)

Annual precipitation
49.2 in

Amenities

Nearest airport
Flying W Airport (14 mi)
Nearest major airport
Tri-Cities Regional TN/VA Airport (TRI) (36 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
+31 tax filers

Housing stock

Median year housing built
1,985
Median annual property tax
$596
Mean commute to work
29 min
Households with broadband internet
63.3%

Employment & development

Total county employment
4,939
Average weekly wage
$920
Top industries (by employment)
Construction, Professional Services, Mining
Annual residential building permits (county)
15

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents