Lisbon, ME
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lisbon Neighborhoods Since 2000




Lisbon, ME Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lisbon Housing Market Information

With 8,853 people, 3,533 houses or apartments, and a median cost of homes of $136,722, house prices in Lisbon are solidly below the national average.

Single-family detached homes are the single most common housing type in Lisbon, accounting for 59.42% of the town's housing units. Other types of housing that are prevalent in Lisbon include duplexes, homes converted to apartments or other small apartment buildings ( 17.09%), mobile homes or trailers ( 16.41%), and a few large apartment complexes or high rise apartments ( 6.28%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lisbon. Owner-occupied housing accounts for 71.46% of Lisbon's homes, and 57.62% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lisbon built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lisbon built before 1939 ( 24.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.61%). There's also some housing in Lisbon built between 2000 and later ( 9.01%).

Lisbon Home Appreciation Rates

Lisbon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Lisbon during the period has been just -1.25%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Lisbon's appreciation rate, at 3.62%, has been at or slightly above the national average. In the latest quarter, Lisbon's appreciation rate has been -0.05%, which annualizes to a rate of -0.19%.

Relative to Maine, our data show that Lisbon's latest annual appreciation rate is lower than 60% of the other cities and towns in Maine.

Average Home Values

 

Median Home Value:
$136,722

Lisbon, ME HOME PRICES

Value Range
> $1,071,000 0.5
$803,001 - $1,071,000 0.0
$536,001 - $803,000 0.4
$428,001 - $536,000 0.0
$322,001 - $428,000 2.8
$214,001 - $322,000 9.6
$108,001 - $214,000 56.5
$54,001 - $108,000 13.0
$0 - $54,000 17.1

Low for ME
Average for Nation

Value Relative to Nation Value Relative to State
56.3518106176022 68.8524590163934

Number Of Homes And Apartments:
3,533

Lisbon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ME*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
44.96% 2.18% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$864 / per month

Homeownership Rate

Homeownership
Owners 71.46
Renters 28.54
Vacant 7.51

Housing Market Details

 

Age of Homes

AGE OF Lisbon HOMES
2000 or Newer 9.0
1970 - 1999 46.8
1940 - 1969 19.6
1939 or Older 24.6

Types of Homes

TYPE OF Lisbon HOMES
Single-Family 59.4
Townhomes 0.8
Small Apt. Buildings 17.1
Apt. Complexes 6.3
Mobile Homes 16.4
Other 0.0

Home Size

SIZE OF Lisbon HOMES
No Bedroom 2.43
1 Bedroom 7.85
2 Bedrooms 29.74
3 Bedrooms 39.16
4 Bedrooms 18.46
5 or more bedrooms 2.36