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 buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, New Lisbon has remained a Buyer's Market.

Key Takeaway

New Lisbon is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in New Lisbon, WI

How much do homes in New Lisbon, WI cost?

Median Sold Price

$298,150

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$17,300(-5.5%)

Key Takeaway

Homes in New Lisbon have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in New Lisbon was $298,150 in February 2024, down 5.5% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$125K
N/A
2 $164.4K$172.9K
+5.2%
3 $195.9K$238.5K
+21.7%
4 $490K$467K
-4.7%
5+ $667.4K$640K
-4.1%

Summary: New Lisbon housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 4.1%.

Housing Supply in New Lisbon, WI

How many homes are available in New Lisbon, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2028+40.0%

Summary: The New Lisbon real estate market had 28 homes for sale in February 2024, a 40.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 810
+25.0%
4 34
+33.3%
5+ 59
+80.0%

Summary: The New Lisbon housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in New Lisbon in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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 18 Days Ago

Newest Listings in New Lisbon, WI

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