The housing market in Lyon, NV County is quite strong with the median value of homes being $382,400. This is significantly higher than the US House median value of $338,100. Although the house appreciation rate over the past year for the US was 8.27%, it was only 4.72% in Lyon, NV County. Despite a somewhat lower 1 year appreciation rate, this county still appears to be a great place to invest in real estate as values remain strong and many people are looking to move into the area.
The median home cost in Lyon County is $382,400. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Lyon County is up 12.6%.
Average Age of Homes
- The median age of Lyon County real estate is 21 years old
The Rental Market in Lyon County
- Renters make up 24.7% of the Lyon County population
- 1.2% of houses and apartments in Lyon County, 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.