New Lyme, Wisconsin is a great place to invest in real estate. The median value of homes in New Lyme is $327,100 which is lower than the US median housing value of $338,100. This presents an opportunity for buyers to purchase property for less than the national average. Additionally, the 1 year appreciation of houses in New Lyme has been 11.74%, higher than the US average of 8.27%. This indicates that property values are increasing at a faster pace in this town and provides potential for investors to enjoy good returns on their investments.
The median home cost in New Lyme is $327,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in New Lyme is up 14.8%.
Average Age of Homes
- The median age of New Lyme real estate is 34 years old
The Rental Market in New Lyme
- Renters make up 5.8% of the New Lyme population
- 0.0% of houses and apartments in New 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.