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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 9,743, 3,738 total housing units (homes and apartments), and a median house value of $310,302, Lisbon real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Lisbon, accounting for 64.65% 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 ( 14.55%), mobile homes or trailers ( 14.08%), and a few large apartment complexes or high rise apartments ( 5.66%).
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 74.38% of Lisbon's homes, and 61.57% 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 between 2000 and later ( 23.62%). A lesser amount of the housing stock also hails from before 1939 ( 22.55%). There's also some housing in Lisbon built between 1940-1969 ( 20.34%).
In the last 10 years, Lisbon has experienced some of the highest home appreciation rates of any community in the nation. Lisbon real estate appreciated 116.42% over the last ten years, which is an average annual home appreciation rate of 8.03%, putting Lisbon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lisbon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
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 -1.10%, 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 3.49%, which equates to an annual appreciation rate of 14.71%.
Importantly, this makes Lisbon one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Maine, our data show that Lisbon's latest annual appreciation rate is lower than 80% of the other cities and towns in Maine.
$310,302
for Maine
for nation
3,738
$1,406 / per month