Is Lisbon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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, OH
How much do homes in Lisbon, OH cost?
Median Sold Price
$167,050
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lisbon have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Lisbon was $167,050 in May 2024, down 1.2% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $136.7K | $123K | -10.1% |
| 2 Bedrooms | $112.5K | $86.5K | -23.1% |
| 3 Bedrooms | $160.3K | $175K | +9.2% |
| 4 Bedrooms | $198K | $211.9K | +7.0% |
| 5+ Bedrooms | $174.9K | - | N/A |
Summary: Lisbon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Center Township | $148K | $168K | +13.5% |
| Lisbon | $169K | $167K | -1.2% |
Housing Supply in Lisbon, OH
How many homes are available in Lisbon, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 34 | +25.9% |
Summary: The Lisbon real estate market had 34 homes for sale in May 2024, a 25.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 12 | 17 | +41.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lisbon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 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 6 homes were sold or pending in Lisbon in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Lisbon, OH
How long does it take to sell a home in Lisbon, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 77 Days | 36 Days | -53.5% |
Summary: Homes in Lisbon had an average of 36 days on market in May 2024, down by 53.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lisbon has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Lisbon; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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