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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyons is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Lyons was a Neutral Market.

Key Takeaway

Lyons is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lyons, NY

How much do homes in Lyons, NY cost?

Median Sold Price

$137,250

$84/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,300(+24.8%)

Key Takeaway

Homes in Lyons have sold for 24.8% more than they did a year ago.

Summary: The median home sold price in Lyons was $137,250 in November 2024, up 24.8% from last year, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $377K-
N/A
2 $75K$165K
+120.0%
3 $120K$102.5K
-14.6%
4 $134.9K$130.9K
-2.9%
5+ $125K$168K
+34.4%

Summary: Lyons housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 120%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 34.4%.

Housing Supply in Lyons, NY

How many homes are available in Lyons, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2115-28.6%

Summary: The Lyons real estate market had 15 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 116
-45.5%
4 65
-16.7%
5+ 21
-50.0%

Summary: The Lyons housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 45.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyons, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Lyons in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Lyons, NY

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days23 Days+71.2%

Summary: Homes in Lyons had an average of 23 days on market in Nov 2024, up by 71.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 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 November 2024, 5 homes were sold in Lyons; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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