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 March 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

$519,900

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,000(+8.3%)

Key Takeaway

Homes in Lisbon have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Lisbon was $519,900 in March 2024, up 8.3% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$350K
N/A
2 $488.2K$419.9K
-14.0%
3 $402.4K$460K
+14.3%
4 $599.8K$602K
0.4%
5+ $643K$837K
+30.2%

Summary: Lisbon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 30.2%.

Median Sold Price Compared To Nearby Cities

Colgate
+14.8%
Lisbon
+8.3%
Sussex
+7.0%
Merton
-5.8%

Housing Supply in Lisbon, WI

How many homes are available in Lisbon, WI?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2429+20.8%

Summary: The Lisbon real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1312
-7.7%
4 1115
+36.4%
5+ 01
+100.0%

Summary: The Lisbon housing inventory by bedroom type for March 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 7.7%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Lisbon in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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 23 Days Ago

Newest Listings in Lisbon, WI

Nearby Markets to Lisbon, WI

What housing markets are near Lisbon, WI?