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Kendall County Times

Monday, November 25, 2024

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

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The median sale price of a home sold in the second half of 2021 in Lisbon fell by $55,500 while total sales decreased by 20%, according to BlockShopper.com.

From July through December of 2021, there were four homes sold, with a median sale price of $124,500 - a 30.8% decrease over the $180,000 median sale price for the same period of the previous year. There were five homes sold in Lisbon in the second half of 2020.

The median sales tax in Lisbon for the most recent year with available data, 2019, was $3,176, approximately 2.6% of the median home sale price for the second half of 2021.

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

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
Bristol10911.1%$295,000$270,0009.3%
Joliet12710521%$287,000$266,0007.9%
Montgomery122124-1.6%$282,500$236,00019.7%
Yorkville31127313.9%$282,000$246,00014.6%
Aurora746121.3%$271,250$266,0002%
Newark1721-19%$263,500$300,000-12.2%
Boulder Hill968315.7%$225,750$196,00015.2%
Millbrook50-$215,000$0-
Sandwich3250%$192,000$255,000-24.7%
Plano141157-10.2%$190,000$182,0004.4%
Lisbon45-20%$124,500$180,000-30.8%

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