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Buying a home in Lebam, Washington

The typical owner-occupied home in Lebam is worth about $154,800, 73% below the Washington median of $564,600 and 53% below the national median of $332,700. Owners pay a median $1,285 a year in property taxes, about 0.83% of their home's value, close to the Washington rate of 0.81%. 100% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.

Lebam at a glance

Lebam Washington U.S.
Median home value $154,800 $564,600 $332,700
Median property tax paid per year $1,285 $4,556 $3,119
Property tax as a share of value 0.83% 0.81% 0.94%
Median household income – $98,141 $80,734
Homes lived in by their owners 100% 64% 65%
Owner homes with a mortgage 24% 66% 61%
Median monthly costs, owners with a mortgage – $2,445 $1,963
Those costs as a share of the owners' income 51.0% 22.2% 21.0%
Median rent – $1,760 $1,413
Median year homes were built 1973 1985 1980
Vacant homes 0.0% 7.3% 10.1%
Population 436 7,816,116 334,922,499

What a typical home costs per month in Lebam

At this week's average 30-year rate of 7.11%, buying the median Lebam home of $154,800 with 20% down costs about $1,005 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,263, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $43,056 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$30,960
Loan amount$123,840
Principal and interest$833
Property taxes (0.83% a year)$107
Homeowners insurance (our estimate, 0.5% a year)$64
PMI$0
Total per month$1,005

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3.5% down, 30-year FHA loan
Down payment$5,418
Loan amount$151,996
Principal and interest$1,022
Property taxes (0.83% a year)$107
Homeowners insurance (our estimate, 0.5% a year)$64
FHA mortgage insurance$68
Total per month$1,263

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Questions about home buying in Lebam

What is the median home value in Lebam?

About $154,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lebam?

Homeowners pay a median $1,285 a year, which is about 0.83% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Lebam?

For the median home with 20% down at 7.11%, the payment is about $1,005 a month. Keeping that under 28% of gross income takes about $43,056 a year.

More about Lebam

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data