Is New Lisbon, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Lisbon is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

New Lisbon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in New Lisbon, NY

How much do homes in New Lisbon, NY cost?

Median Sold Price

$232,500

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$38,250(+19.7%)

Key Takeaway

Homes in New Lisbon have sold for 19.7% more than they did a year ago.

Summary: The median home sold price in New Lisbon was $232,500 in October 2024, up 19.7% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $168.2K$185K
+10.0%
3 $139.2K$232.5K
+67.0%
4 $282.5K$215K
-23.9%
5+ --
N/A

Summary: New 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 10%, 3 bedroom homes increased by 67%, 4 bedroom homes decreased by 23.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Vision
+95.7%
New Lisbon
+19.7%

Housing Supply in New Lisbon, NY

How many homes are available in New Lisbon, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The New Lisbon real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 43
-25.0%
4 22
0.0%
5+ 11
0.0%

Summary: The New 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Lisbon, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in New Lisbon in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for New Lisbon, NY

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days37 Days-11.9%

Summary: Homes in New Lisbon had an average of 37 days on market in Oct 2024, down by 11.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Lisbon has remained consistent over time.

Summary: During October 2024, 1 homes were sold in New Lisbon; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in New Lisbon, NY

Nearby Markets to New Lisbon, NY