Market Overview
Home Prices in West Lebanon, IN
The median home value in West Lebanon, IN is $157,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in West Lebanon are priced62% below average. West Lebanon is part of the Lafayette-West Lafayette, IN metro area.
Over the past five years, West Lebanon home values have risen by approximately39.3%, reflecting strong long-term appreciation in this market.
Price History
West Lebanon Home Price Trend
City Comparison
West Lebanon vs. National Median
At $157,817, homes in West Lebanon cost 62% below the national median of $410,000. This makes West Lebanon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in West Lebanon?
20% Down Payment
$31,563
on $157,817
Monthly P&I
$823/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,045/mo
incl. taxes & insurance
Income Needed
$41,800
gross annual (30% rule)
10% Down Option
$15,782
+ PMI applies
Loan Amount (20% dn)
$126,254
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in West Lebanon, IN?
The median home value in West Lebanon is $157,817 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in West Lebanon?
Over the past year, home values in West Lebanon have increased by 4.1%. Over five years, prices have risen approximately 39.3%.
How much do I need to earn to buy a home in West Lebanon?
To comfortably afford the median home price of $157,817 with a 20% down payment ($31,563) at today's rates (6.8%), you'd need a gross annual income of approximately $41,800. This assumes keeping total housing costs at or below 30% of gross income.
How does West Lebanon compare to the national average home price?
The national median home value is approximately $410,000. At $157,817, homes in West Lebanon are 62% below the national average.
What metro area is West Lebanon part of?
West Lebanon is part of the Lafayette-West Lafayette, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.