The housing market in Lisbon, ME is extremely strong with a median value of $277,900. This is significantly lower than the US House Median Value which is currently at $338,100. However, the 1 year House Appreciation rate for Lisbon, ME is stronger than the US average at 14.68%, compared to 8.27% for the entire country. This suggests that the housing market in Lisbon, ME is appreciating rapidly and could be a great option for those looking to invest or purchase a home in Maine.
The median home cost in Lisbon is $277,900. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Lisbon is up 20.0%.
Average Age of Homes
- The median age of Lisbon real estate is 44 years old
The Rental Market in Lisbon
- Renters make up 26.8% of the Lisbon population
- 1.2% 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.