Is Lisbon, WI 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 October 2023

Since last year, Lisbon has remained a Seller'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, WI

How much do homes in Lisbon, WI cost?

Median Sold Price

$530,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-6.2%)

Key Takeaway

Homes in Lisbon have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Lisbon was $530,000 in October 2024, down 6.2% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K-
N/A
2 $471.5K$255K
-45.9%
3 $458.7K$481.2K
+4.9%
4 $629.2K$607.7K
-3.4%
5+ $817.5K$824.5K
+0.9%

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 decreased by 45.9%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Merton
+5.9%
Sussex
+1.3%
Colgate
+1.1%
Lisbon
-6.2%

Housing Supply in Lisbon, WI

How many homes are available in Lisbon, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5154+5.9%

Summary: The Lisbon real estate market had 54 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 2219
-13.6%
4 2426
+8.3%
5+ 57
+40.0%

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 increased by 100%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
916+77.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

8 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. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Lisbon in October 2024, up by 77.8% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for Lisbon, WI

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 20 Days Ago

Newest Listings in Lisbon, WI

Nearby Markets to Lisbon, WI

What housing markets are near Lisbon, WI?