Is Lyons, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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, NY
How much do homes in Lyons, NY cost?
Median Sold Price
$115,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lyons have sold for 13.6% less than they did a year ago.
Summary: The median home sold price in Lyons was $115,000 in May 2024, down 13.6% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $377K | +128.5% |
| 2 Bedrooms | $80K | $97K | +21.3% |
| 3 Bedrooms | $120K | $100K | -16.7% |
| 4 Bedrooms | $141.9K | $154.7K | +9.0% |
| 5+ Bedrooms | $140K | $143K | +2.1% |
Summary: Lyons housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 128.5%, 2 bedroom homes increased by 21.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in Lyons, NY
How many homes are available in Lyons, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Summary: The Lyons real estate market had 15 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 2 | 6 | +200.0% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lyons housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 300%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyons, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Lyons in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 85 Days | 6 Days | -92.4% |
Summary: Homes in Lyons had an average of 6 days on market in May 2024, down by 92.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyons are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Lyons; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
