Foreclosure Homes in Lisbon, IL

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Foreclosure Homes in Lisbon, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lisbon, IL area at Get information on foreclosure homes for rent, how to buy foreclosures in Lisbon, IL and much more. Save thousands at closing with home foreclosure listings in Lisbon, IL — up to 75% off market value!

Top Reasons To Live In Lisbon, IL In 2022

Lisbon is located in Kendall, Illinois, with an estimated municipal population of 308 residents. All of the best foreclosed homes for sale in Lisbon are located in the following zip code areas on 60541 60450. The estimated population per square kilometer (.62 miles) in Lisbon is 68.

Cost Of Living In Lisbon, IL

So, about how much do homes cost in Lisbon? The most recent median value of resident-owned homes in Lisbon is 166,700. An estimated 84.1 percent of households in Lisbon own their homes, with an average family size of 3.8. The median household income in Lisbon is 62,361, with18.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lisbon, the median commute time of resident workers (in minutes) is 38.8. And last, but certainly not least, are you looking for homes to rent in Lisbon? If so, the average rent price paid by renters in Lisbon is 850, according to recent statistics.

Diversity And Demographics In Lisbon, Illinois

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, 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 is 29.1, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Lisbon is 55.5, with an average family size of 3.8.

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

White 95.7%
Black / African American 0.9%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0.3%

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

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

Under 10 21.6%
Aged 10-19 13.3%
20s 20.4%
30s 11.2%
40s 10.4%
50s 8.1%
60s 7.2%
70s 3.7%
80+ 4%

Best Schools In Lisbon, Illinois

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 with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lisbon.

Pros And Cons Of Living In Lisbon, Illinois

How do you know that living in -- or moving to -- Lisbon is right where you need to be? Perhaps you grew up in Lisbon or already live nearby; therefore, the decision to buy a home in Lisbon is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lisbon 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:

  • 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.

Reasons To Move To Lisbon, Illinois, In 2022

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

Lisbon, IL Foreclosures


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