Lisbon, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lisbon Neighborhoods Since 2000




Lisbon, OH 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 2,727 people, 1,039 houses or apartments, and a median cost of homes of $94,782, house prices in Lisbon are some of the most affordable in Ohio as well as the nation.

Single-family detached homes are the single most common housing type in Lisbon, accounting for 71.87% of the village's housing units. Other types of housing that are prevalent in Lisbon include duplexes, homes converted to apartments or other small apartment buildings ( 14.88%), large apartment complexes or high rise apartments ( 10.49%), and a few mobile homes or trailers ( 2.52%).

The most prevalent building size and type in Lisbon are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 53.27% owning and 46.73% renting.

The housing in Lisbon was primarily built before 1939 ( 50.89%), making the housing stock in Lisbon some of the oldest overall in America, although there is a range of ages of homes in Lisbon. The next most important housing age is between 1940-1969 ( 26.10%), followed by between 1970-1999 ( 21.22%). There's also some housing in Lisbon built between 2000 and later ( 1.79%).

Vacant housing appears to be an issue in Lisbon. Fully 15.53% of the housing stock is classified as vacant. Left unchecked, vacant Lisbon homes and apartments can be a drag on the real estate market, holding Lisbon real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

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 -1.41%, which is lower than 80% of US communities.

Over the last year, Lisbon appreciation rates have trailed the rest of the nation. In the last twelve months, Lisbon's appreciation rate has been 1.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lisbon were at -0.60%, which equates to an annual appreciation rate of -2.39%.

Notably, Lisbon's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Lisbon's latest annual appreciation rate is lower than 70% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$94,782

Lisbon, OH HOME PRICES

Value Range
> $1,027,000 0.7
$770,001 - $1,027,000 2.2
$514,001 - $770,000 1.3
$411,001 - $514,000 0.4
$308,001 - $411,000 2.0
$206,001 - $308,000 6.5
$103,001 - $206,000 29.4
$51,001 - $103,000 43.7
$0 - $51,000 13.7

Very Low for OH
Very Low for Nation

Value Relative to Nation Value Relative to State
80.9328489394117 83.2020997375328

Number Of Homes And Apartments:
1,039

Lisbon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
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
-4.79% -0.28% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$756 / per month

Homeownership Rate

Homeownership
Owners 53.27
Renters 46.73
Vacant 15.53

Housing Market Details

 

Age of Homes

AGE OF Lisbon HOMES
2000 or Newer 1.8
1970 - 1999 21.2
1940 - 1969 26.1
1939 or Older 50.9

Types of Homes

TYPE OF Lisbon HOMES
Single-Family 71.9
Townhomes 0.2
Small Apt. Buildings 14.9
Apt. Complexes 10.5
Mobile Homes 2.5
Other 0.0

Home Size

SIZE OF Lisbon HOMES
No Bedroom 0.41
1 Bedroom 9.19
2 Bedrooms 31.46
3 Bedrooms 41.38
4 Bedrooms 12.36
5 or more bedrooms 5.20