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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Lisbon is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, New Lisbon was a Seller's Market.

Key Takeaway

New 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 New Lisbon, WI

How much do homes in New Lisbon, WI cost?

Median Sold Price

$455,000

$159/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$25,000(-5.2%)

Key Takeaway

Homes in New Lisbon have sold for 5.2% less than they did a month ago.

Summary: The median home sold price in New Lisbon was $455,000 in November 2024, down 5.2% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $60K$280K
+366.7%
3 $415K$355K
-14.5%
4 $507.5K$455K
-10.3%
5+ $589K$737.1K
+25.2%

Summary: New Lisbon housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 366.7%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 25.2%.

Housing Supply in New Lisbon, WI

How many homes are available in New Lisbon, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
44440.0%

Summary: The New Lisbon real estate market had 44 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 2425
+4.2%
4 86
-25.0%
5+ 65
-16.7%

Summary: The New 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 33.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was 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 may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in New Lisbon in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for New 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 21 Days Ago

Newest Listings in New Lisbon, WI

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