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Saturday, November 23, 2024

Lisbon home prices rise in the third quarter of 2019

Realestate5

The median sale price of a home sold in the third quarter of 2019 in Lisbon rose by $66,990 while total sales decreased by 26.3%, according to BlockShopper.com.

From July through September of 2019, there were 14 homes sold, with a median sale price of $206,490 - a 48% increase over the $139,500 median sale price for the same period of the previous year. There were 19 homes sold in Lisbon in the third quarter of 2018.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.5% of the median home sale price for the third quarter of 2019.

The following table compares Lisbon to other Linn County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Walker16-83.3%$279,000$125,820121.7%
Ely12119.1%$278,800$289,000-3.5%
Walford110%$245,000$230,0006.5%
Palo141216.7%$233,500$208,00012.3%
Alburnett21100%$229,950$155,00048.4%
Lisbon1419-26.3%$206,490$139,50048%
Mount Vernon1121-47.6%$188,000$184,0002.2%
Marion255312-18.3%$170,000$175,750-3.3%
Hiawatha342917.2%$165,500$167,000-0.9%
Central City141040%$153,945$125,00023.2%
Springville10911.1%$147,000$180,000-18.3%

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