The housing market in Lisbon, ND is flourishing. The median value of a house is $142,000, which is significantly lower than the U.S. house median value of $338,100. However, the one-year appreciation rate for houses in Lisbon is 12.36%, which is greater than the U.S. average of 8.27%. This indicates that the housing market in Lisbon has seen considerable growth over the last year and shows potential for further expansion as more people are drawn to this vibrant city.
The median home cost in Lisbon is $142,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Lisbon is up 13.5%.
Average Age of Homes
- The median age of Lisbon real estate is 44 years old
The Rental Market in Lisbon
- Renters make up 33.8% of the Lisbon population
- 6.3% 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.