Trying to decide on a place to live is no easy task. If you think you might want to sell your home in Tennessee, you’re probably weighing the benefits of staying in your town. Alternatively, you might be looking for another area in the Volunteer State to settle down. These days, more and more people are considering moving to Lebanon, a town of around 33,000 people that’s located about 40 minutes east of Nashville. But is it worth it to live in Lebanon, TN? We’re here to help you figure it out!
Housing Market
One of the first things you’re probably wondering about is the housing market in Lebanon. Homes in Lebanon are steadily increasing in price, with Zillow estimating that the typical home value is $324,460. To put this figure in perspective, Zillow also states that the typical home value in Nashville is $340,329, while the average home value in Tennessee as a whole is quite a bit lower at $226,456.
While Lebanon might seem expensive at first glance, it can actually be a great alternative for those who want to be near Nashville without having to pay such an exorbitant price for a house. (These figures can also be encouraging when you think about how much your house will sell for if you eventually sell your house in Lebanon!)
Job Market
Before you sell your home and move to Lebanon, you’ll also want to be confident that you can find a job in your new hometown. Figures from the US Bureau of Labor Statistics point out that this area has a lower unemployment rate than the state average, which is great news for job seekers. As of April 2021, the unemployment rate in Tennessee sat at 5%, while the figure for the Nashville metro area (where Lebanon is located) was a bit lower at 4.1%.
It’s also worthwhile to note that both of these figures were under the national unemployment rate in April 2021, which sat at 6.1%. Lebanon and its surrounding towns offer job opportunities in a number of markets and fields, so prospective employees in any job can find work in no time!
Things to Do Nearby
Of course, you’ll also be curious to know what you can do nearby if you live in Lebanon. Experience the outdoors at the Cedars of Lebanon State Park, improve your golf game at the Pine Creek Golf Course, or learn more about local history at the Sellars Farm State Archaeological Area. Many Lebanon residents also choose to visit nearby destinations like Hendersonville, Gallatin, Mount Juliet, Murfreesboro, and Nashville for even more to do. Many of these destinations have tons of shopping and dining to experience, so there’s something new to discover every day!
So, to answer your question, “Is it worth it to live in Lebanon, TN?” we’d say the answer is definitely yes! If you’re looking to sell your house in Tennessee and relocate to Lebanon, working with a cash buyer like OfferHut might be the quickest way to get your moving journey started!
