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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisbon is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Lisbon has remained a Neutral Market.

Key Takeaway

Lisbon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lisbon, IA

How much do homes in Lisbon, IA cost?

Median Sold Price

$310,450

$132/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$94,200(+43.6%)

Key Takeaway

Homes in Lisbon have sold for 43.6% more than they did a month ago.

Summary: The median home sold price in Lisbon was $310,450 in December 2024, up 43.6% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$155K
N/A
4 $216.2K$465.9K
+115.4%
5+ --
N/A

Summary: Lisbon housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 115.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lisbon
+43.6%
Lisbon
+43.6%

Housing Supply in Lisbon, IA

How many homes are available in Lisbon, IA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1312-7.7%

Summary: The Lisbon real estate market had 12 homes for sale in December 2024, a 7.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 31
-66.7%
5+ 22
0.0%

Summary: The Lisbon housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisbon, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lisbon in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Lisbon, IA

How long does it take to sell a home in Lisbon, IA?

Average Sale Time

Nov 2024Dec 2024CHANGE
11 Days71 Days+545.5%

Summary: Homes in Lisbon had an average of 71 days on market in Dec 2024, up by 545.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lisbon are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Lisbon; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 9 Days Ago

Newest Listings in Lisbon, IA

Nearby Markets to Lisbon, IA

What housing markets are near Lisbon, IA?