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Lisman

Learn about the people, housing, costs and businesses in Lisman, Alabama

Median Home$91,400
Median Rent$382/month
Population311
Leading IndustriesWholesale Trade · Retail · Manufacturing13% wholesale trade
Home Value Growth⬆⬆+12.3% over 2 years
Retirees31% of residentswell above average
Homeowners86% of occupied units
NotableAffordable Market$91k median home · lower cost than 94% of the country
NotableVeteran Community9% of residents · top 22% nationally
Lisman
AL

Frequently Asked Questions

What are today's mortgage rates in Lisman?

As of today, the 30-year fixed mortgage rate for Lisman is approximately 7.118% (7.164% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lisman?

The median home value in Lisman is $91k. The median monthly rent is $382. Annual property taxes average $199. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lisman?

Home values in Lisman have increased 12.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lisman?

Based on a typical all-in ownership cost of $461/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lisman is $36k/year.

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What industries drive the economy in Lisman?

The largest employment sectors in Lisman are public administration (18%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.