Is Lyons, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyons is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lyons was a Seller's Market.

Key Takeaway

Lyons is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lyons, CO

How much do homes in Lyons, CO cost?

Median Sold Price

$778,000

$388/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$42,000(-5.1%)

Key Takeaway

Homes in Lyons have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Lyons was $778,000 in October 2024, down 5.1% from last year, and the median price per square foot was $388.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $400K$232.5K
-41.9%
2 $542.5K$546K
+0.6%
3 $859K$790K
-8.0%
4 $1.0M$1.1M
+5.2%
5+ $964.5K$978.5K
+1.5%

Summary: Lyons housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 1.5%.

Housing Supply in Lyons, CO

How many homes are available in Lyons, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6769+3.0%

Summary: The Lyons real estate market had 69 homes for sale in October 2024, a 3.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 1514
-6.7%
3 3734
-8.1%
4 913
+44.4%
5+ 25
+150.0%

Summary: The Lyons housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyons, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Lyons in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Lyons, CO

How long does it take to sell a home in Lyons, CO?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days60 Days+175.1%

Summary: Homes in Lyons had an average of 60 days on market in Oct 2024, up by 175.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lyons are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Lyons; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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