$4,691 Closing Credit*
$395,000
3,052 SqFt
5 Beds
•3 Full Baths
Rachel Koth, Listing Office: Keller Williams Legacy Group
Is Lisbon, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lisbon was a Seller's 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
$298,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$66,500(+28.7%)
Key Takeaway
Homes in Lisbon have sold for 28.7% more than they did a year ago.
Summary: The median home sold price in Lisbon was $298,000 in October 2024, up 28.7% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195.5K | $248K | +26.9% |
| 3 Bedrooms | $265K | $278.5K | +5.1% |
| 4 Bedrooms | $252.5K | $300.5K | +19.0% |
| 5+ Bedrooms | $345K | $380K | +10.1% |
Summary: Lisbon housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Cities
| Lisbon | $231.2K | $298K | +28.9% |
| Lisbon | $231.5K | $298K | +28.7% |
| Franklin Township | $254.9K | $320K | +25.5% |
Housing Supply in Lisbon, IA
How many homes are available in Lisbon, IA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Lisbon real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Lisbon housing inventory by bedroom type for October 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lisbon, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lisbon in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 0 Days | 92 Days | +12166.7% |
Summary: Homes in Lisbon had an average of 92 days on market in Oct 2024, up by 12166.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lisbon has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Lisbon; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.