Lisbon, WI Real Estate

Established in 1836, Lisbon, Wisconsin is a rural community located in Waukesha County. With a picturesque landscape of woodlands, country roads and rolling hills, the town is currently negotiating to sustain its landscape and increase development. Lisbon is only 30-minutes from Milwaukee for those who need to commute to the metropolitan area. Nearby communities include Sussex, Pewaukee and Hartland. With 90% of the town being residential, Lisbon provides a small and peaceful atmosphere.

To find properties for sale in Lisbon, click here.

Real Estate
The Lisbon real estate market has an array of homes for sale. Houses for sale include brick Ranches with three-bedrooms, renovated Farm Houses, gorgeous Colonials and estates on large lots. Custom-built homes of all styles with luxurious amenities are also a featured housing option in the Lisbon area. The custom-built homes are built on larger lots. Historic properties are also prevalent throughout the town.

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The town of Lisbon holds many events in Lisbon Community Park for residents to enjoy. The Arbor Day event allows residents to enjoy the trails and help the town plant trees. A Magic and Clown Show provides free root beer floats and entertainment for the whole family.

Heritage Weekend showcases 40-camps that include French traders, the Revolutionary War, World War II and the Spanish-American War. Attendees are also able to view work performed by a quilt maker, fiddler and blacksmith. The event helps reenact and pay tribute to America’s roots.

Interact with the town board at the Lisbon Winter Fun Fest. Residents are encouraged to go sledding, ice skating and skiing with their neighbors. Warm up with hot cocoa and treats during the winter season at the fest.

Easter Extravaganza is an annual event that allows neighbors to gather and share candy and treats. Lisbon holds giveaways such as free bike helmets to kids sponsored by local businesses. The extravaganza is sponsored by the towns of Lisbon and Sussex along with local businesses and organizations.

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Lisbon properties for sale

Market Conditions

Market Conditions for Lisbon

January 2019

Median Sale Price
$330,000

 DOWN -22.35%
vs. Month Ago
Homes for Sale
21

 DOWN -8.69%
vs. Month Ago
Homes Sold
7

  0.00%
vs. Month Ago
Avg Days on Market
55

 DOWN -3.50%
vs. Month Ago

Median Sale Price

The median sale price for homes in January was $330,000. The median sales price for homes in January fell by ($95,000) compared to last month. This represents a 22.35% decrease from December. Compared to the same month last year, the median price of homes rose by $72,000 representing a 27.9% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale fell by 2 in January to 21. This represents 8.69% decrease from December when 23 homes were on the market. Compared to the same month last year when there were 14 homes for sale, the inventory of homes for sale has risen by 7 representing a 50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The inventory of homes for sale fell by 2 in January to 21. This represents 8.69% decrease from December when 23 homes were on the market. Compared to the same month last year when there were 14 homes for sale, the inventory of homes for sale has risen by 7 representing a 50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Avg Days on Market

The average days on market for a home sold in January (55) decreased by 2 days compared to December. This represents a 3.5% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 48, a 685.71% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 94.81% in January rose by 1.6% compared to December and decreased 4.81% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in January (8) rose by 5 compared to December, a 166.66% change. Compared to January 2018, the number of new listings increased by 5, a 166.66% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in January was $354,950. The median list price for homes in January fell by ($10,050) compared to last month. This represents a 2.75% decrease from December. Compared to the same month last year, the median list price of homes decreased ($134,950) representing a -27.54% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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