Lyon Mountain, NY is a small rural town located in northern New York. The housing market in the area is quite affordable with a median value of $56,500, far less than the US house median value of $338,100. Despite this lower median value, the 1 year house appreciation rate has been relatively high in Lyon Mountain coming in at 12.09%, well above the national average of 8.27%. This suggests that there is strong potential for growth and investment in the area making it an attractive option for potential buyers.
The median home cost in Lyon Mountain is $56,500. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Lyon Mountain is up 14.6%.
Average Age of Homes
- The median age of Lyon Mountain real estate is 78 years old
The Rental Market in Lyon Mountain
- Renters make up 11.0% of the Lyon Mountain population
- 0.0% of houses and apartments in Lyon Mountain, 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.