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Thursday, November 7, 2024

How did home prices perform in Lisbon during the first half of 2021?

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The median sale price of a home sold in the first half of 2021 in Lisbon rose by $89,475 while total sales increased by 37.5%, according to BlockShopper.com.

From January through June of 2021, there were 22 homes sold, with a median sale price of $239,975 - a 59.5% increase over the $150,500 median sale price for the same period of the previous year. There were 16 homes sold in Lisbon in the first half of 2020.

The median sales tax in Lisbon for the most recent year with available data, 2017, was $3,006, approximately 1.3% of the median home sale price for the first half of 2021.

The following table compares Lisbon to other Linn County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Robins2223-4.3%$382,500$290,00031.9%
Walford12-50%$365,000$314,75016%
Ely1419-26.3%$267,475$215,00024.4%
Lisbon221637.5%$239,975$150,50059.5%
Palo1323-43.5%$235,000$190,00023.7%
Marion3633416.5%$200,000$175,90013.7%
Mount Vernon321877.8%$198,250$216,500-8.4%
Fairfax332343.5%$190,000$259,900-26.9%
Center Point342536%$185,500$156,10018.8%
Hiawatha614052.5%$178,000$124,70042.7%
Springville171421.4%$162,500$184,750-12%

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