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 November 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

$549,842

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$157(0%)

Key Takeaway

The sold price of homes in Lisbon has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K-
N/A
2 $461.2K$365K
-20.9%
3 $487.4K$480K
-1.5%
4 $627.9K$630K
0.3%
5+ $817.5K$849K
+3.9%

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 20.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Cities

Lannon
+38.7%
Sussex
+5.8%
Merton
+2.5%
Lisbon
0%
Colgate
-1.1%

Housing Supply in Lisbon, WI

How many homes are available in Lisbon, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5142-17.6%

Summary: The Lisbon real estate market had 42 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1713
-23.5%
4 2520
-20.0%
5+ 76
-14.3%

Summary: The Lisbon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Lisbon in November 2024, down by 25.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% 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?