Is Lisbon, CT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisbon is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lisbon was a Buyer's Market.

Key Takeaway

Lisbon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lisbon, CT

How much do homes in Lisbon, CT cost?

Median Sold Price

$336,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$51,000(+17.9%)

Key Takeaway

Homes in Lisbon have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Lisbon was $336,000 in November 2024, up 17.9% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$82K
N/A
2 $197.5K$96.2K
-51.3%
3 $315K$346.5K
+10.0%
4 $390K$350K
-10.3%
5+ $445K$405K
-9.0%

Summary: Lisbon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.3%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 9%.

Median Sold Price Compared To Nearby Cities

Baltic
+25.2%
Sprague
+25.0%
Taftville
+22.3%
Lisbon
+17.9%
Jewett City
+11.2%

Housing Supply in Lisbon, CT

How many homes are available in Lisbon, CT?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1916-15.8%

Summary: The Lisbon real estate market had 16 homes for sale in November 2024, a 15.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 74
-42.9%
3 1011
+10.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Lisbon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisbon, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Lisbon in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 0% were sold under asking, 20% were sold at asking, and 80% were sold over asking.

Days on Market for Lisbon, CT

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Lisbon, CT

Nearby Markets to Lisbon, CT

What housing markets are near Lisbon, CT?