Housing in Lyons, NY is considerably cheaper than the US House Median Value. The median value of housing in Lyons is $130,600 while the US House Median Value is $338,100. Although the difference in price is significant, the 1 year house appreciation rate shows that housing values are increasing at a higher rate in Lyons than across the nation as a whole. In fact, the 1 year house appreciation rate for Lyons is 11.08%, which is 2.81% higher than the national average of 8.27%. Therefore, it appears that housing values in Lyons are rising faster than those elsewhere in the country, making it an attractive destination for potential buyers and investors.
The median home cost in Lyons is $130,600. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Lyons is up 11.7%.
Average Age of Homes
- The median age of Lyons real estate is 78 years old
The Rental Market in Lyons
- Renters make up 29.8% of the Lyons population
- 3.7% of houses and apartments in Lyons, 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.