The housing in Lisbon, CT is quite impressive. The median value of homes is currently $287,300, which is much lower than the US housing median value of $338,100. Despite this difference in cost, the 1 year house appreciation rate in Lisbon is actually higher than the US average at 11.43%, compared to 8.27%. This indicates that the housing market in Lisbon is on a positive trajectory and may be an attractive option for those looking for an affordable place to call home.
The median home cost in Lisbon is $287,300. Home appreciation the last 10 years has been 58.4%. Home Appreciation in Lisbon is up 13.4%.
Average Age of Homes
- The median age of Lisbon real estate is 38 years old
The Rental Market in Lisbon
- Renters make up 8.8% of the Lisbon population
- 1.7% of houses and apartments in Lisbon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.