Is New Lisbon, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 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
$295,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in New Lisbon have sold for 32.2% less than they did a year ago.
Summary: The median home sold price in New Lisbon was $295,000 in March 2024, down 32.2% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $169.4K | $166K | -2.0% |
| 3 Bedrooms | $301.3K | $218K | -27.6% |
| 4 Bedrooms | $490K | $467K | -4.7% |
| 5+ Bedrooms | $650K | $650K | 0.0% |
Summary: New 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 2%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes did not change.
Housing Supply in New Lisbon, WI
How many homes are available in New Lisbon, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The New Lisbon real estate market had 33 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 11 | 13 | +18.2% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The New Lisbon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in New Lisbon, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in New Lisbon in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
