The housing market in Lyme, NY is thriving. The median value of a house in Lyme is currently $246,400, which is significantly lower than the US House Median Value of $338,100. Additionally, the US 1 year House Appreciation rate is 8.27%, while in Lyme the 1 year appreciation rate is higher at 9.27%. This shows that Lyme's real estate market remains strong and steadily appreciating over time. With this affordable and growing housing market, it's no wonder that so many people are choosing to live in Lyme today.
The median home cost in Lyme is $246,400. Home appreciation the last 10 years has been 30.9%. Home Appreciation in Lyme is up 11.4%.
Average Age of Homes
- The median age of Lyme real estate is 46 years old
The Rental Market in Lyme
- Renters make up 7.8% of the Lyme population
- 0.1% of houses and apartments in Lyme, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.