Nestled in the foothills of the Cascade Mountains, real estate in Lebanon, Oregon is a wonderful investment. You'll be within easy reach of several cities--Albany, Corvallis, and Salem--and the entire Willamette Valley. The destination of thousands of settlers in the 1840s and 1850s, the valley was especially welcome after the difficult crossing of the Rocky Mountains and along the beautiful but often treacherous Columbia River Gorge.

Located in the center of Linn County, Lebanon was incorporated in 1878. It is now home to about 13,000 citizens, 12 schools, 31 restaurants, 34 churches, and--each June--a singularly large strawberry shortcake (serves about 16,000). Convenient to the entire valley, real estate in Lebanon, Oregon should be toward the top of your list of places to consider.

Real Estate in Lebanon, Oregon: Value Added

Strategically situated at the junction of two major highways, 20 and 34, Lebanon is about 90 south of Portland, 50 miles north of Eugene, and 70 miles east of the Pacific coast. Civic pride runs strong. Community services include a Historic Resources Commission, an especially active senior citizens' center (though the median age of Lebanon's population is only 36), numerous public park facilities, and recreational sports and activities for Lebanon youth.

As of the last census, residential real estate in Lebanon, Oregon totaled just over 5,000 houses. Of these, just over 3,000 were owner occupied and just under 2,000 renter occupied. About 1,400 were built during the 1970s and more than 700 before 1939. The median income is about $35,000 and the median house value about $120,000. Realistic market values for a three-bedroom house run from about $80,000 to $250,000.