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Cheap Homes in Lisbon Falls, ME

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Top Reasons To Live In Lisbon Falls, ME In 2024

Lisbon Falls is located in Androscoggin, Maine, with an estimated municipal population of 4,019 residents. All of the best foreclosed homes for sale in Lisbon Falls are located in the following zip code areas on Foreclosure.com: 04252. The estimated population per square kilometer (.62 miles) in Lisbon Falls is 422.


Cost Of Living In Lisbon Falls, ME

So, about how much do homes cost in Lisbon Falls? The most recent median value of resident-owned homes in Lisbon Falls is 143,977. An estimated 75 percent of households in Lisbon Falls own their homes, with an average family size of 3.2. The median household income in Lisbon Falls is 59,145, with20.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lisbon Falls, the median commute time of resident workers (in minutes) is 26.4. And last, but certainly not least, are you looking for homes to rent in Lisbon Falls? If so, the average rent price paid by renters in Lisbon Falls is 743, according to recent statistics.


Diversity And Demographics In Lisbon Falls, Maine

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lisbon Falls, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Lisbon Falls is 38.2, split between 50.8 percent male versus 49.2 female. The percentage of residents who report being married in Lisbon Falls is 51.7, with an average family size of 3.2.

The percentage of residents who report their race in Lisbon Falls is as follows:

White 95.5%
Black / African American 0%
Asian 1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Lisbon Falls? Or maybe you are searching for 55+ active adult communities in and/or near Lisbon Falls?

The percentage of residents who report their age in Lisbon Falls is as follows:

Under 10 14%
Aged 10-19 14.9%
20s 10.6%
30s 12.9%
40s 10.5%
50s 15%
60s 11.7%
70s 7.2%
80+ 3.2%

Best Schools In Lisbon Falls, Maine

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lisbon Falls with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lisbon Falls.


Pros And Cons Of Living In Lisbon Falls, Maine

How do you know that living in -- or moving to -- Lisbon Falls is right where you need to be? Perhaps you grew up in Lisbon Falls or already live nearby; therefore, the decision to buy a home in Lisbon Falls is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lisbon Falls for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lisbon Falls:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lisbon Falls.


Reasons To Move To Lisbon Falls, Maine, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lisbon Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lisbon Falls, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Lisbon Falls, ME


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