Lyons appreciation rates and housing market information

Lyons housing market information

With 1,545 people, 687 houses or apartments, and a median cost of homes of $319,600, Lyons real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Lyons, accounting for 80.20% of the town's housing units. Other types of housing that are prevalent in Lyons include mobile homes or trailers (9.32%), duplexes, homes converted to apartments, or other small apartment buildings (6.11%), large apartment complexes or high rise apartments (3.78%), and a few row houses and other attached homes (0.58%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Lyons. Owner-occupied housing accounts for 68.27% of Lyons's homes, and 52.25% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lyons built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lyons built from 1939 and earlier (27.07%). A lesser amount of the housing stock also hails from 1940-1969 (21.69%), and some were built from 1995 and later (21.69%).

Lyons home appreciation rates

In the last 10 years, Lyons has experienced some of the highest home appreciation rates of any community in the nation. Lyons real estate appreciated 127.71% over the last ten years, which is an average annual home appreciation rate of 12.77%, putting Lyons in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lyons definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Lyons that despite a nationwide downturn in the housing market, Lyons real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Lyons appreciation rates continue to be some of the highest in America, at 7.77%, which is higher than appreciation rates in 94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Lyons. Lyons appreciation rates in the latest quarter were at 1.57%, which equates to an annual appreciation rate of 6.28%.

Importantly, this makes Lyons one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Colorado, our data show that Lyons's latest annual appreciation rate is higher than 74% of the other cities and towns in Colorado.