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Buying a home in Lisbon, Ohio

The typical owner-occupied home in Lisbon is worth about $110,000, 49% below the Ohio median of $214,800 and 67% below the national median of $332,700. Owners pay a median $1,190 a year in property taxes, about 1.08% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $46,667 a year, so the median home costs 2.4 times the median income (3.0 times for Ohio). 60% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.

Lisbon at a glance

Lisbon Ohio U.S.
Median home value $110,000 $214,800 $332,700
Median property tax paid per year $1,190 $2,822 $3,119
Property tax as a share of value 1.08% 1.31% 0.94%
Median household income $46,667 $71,389 $80,734
Homes lived in by their owners 60% 67% 65%
Owner homes with a mortgage 49% 61% 61%
Median monthly costs, owners with a mortgage $1,081 $1,517 $1,963
Those costs as a share of the owners' income 15.4% 18.6% 21.0%
Median rent $744 $1,034 $1,413
Rent as a share of renters' income 30.2% 28.3% 30.6%
Median year homes were built 1941 1970 1980
Vacant homes 18.6% 8.1% 10.1%
Population 2,832 11,810,293 334,922,499

What a typical home costs per month in Lisbon

At this week's average 30-year rate of 7.11%, buying the median Lisbon home of $110,000 with 20% down costs about $737 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $920, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $31,578 for the 20%-down payment. That payment is 19% of the median Lisbon household income of $46,667; at that income and 20% down, the 28% guideline points to a home of about $163,000.

The median rent here is $744 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$22,000
Loan amount$88,000
Principal and interest$592
Property taxes (1.08% a year)$99
Homeowners insurance (our estimate, 0.5% a year)$46
PMI$0
Total per month$737

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3.5% down, 30-year FHA loan
Down payment$3,850
Loan amount$108,008
Principal and interest$727
Property taxes (1.08% a year)$99
Homeowners insurance (our estimate, 0.5% a year)$46
FHA mortgage insurance$49
Total per month$920

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Questions about home buying in Lisbon

What is the median home value in Lisbon?

About $110,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lisbon?

Homeowners pay a median $1,190 a year, which is about 1.08% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Lisbon?

For the median home with 20% down at 7.11%, the payment is about $737 a month. Keeping that under 28% of gross income takes about $31,578 a year.

More about Lisbon

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data