Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 1,187 people, 417 houses or apartments, and a median cost of homes of $327,886, real estate costs in Lyons are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Oregon communities.
Single-family detached homes are the single most common housing type in Lyons, accounting for 77.34% of the city's housing units. Other types of housing that are prevalent in Lyons include mobile homes or trailers ( 18.50%), duplexes, homes converted to apartments or other small apartment buildings ( 2.29%), and a few large apartment complexes or high rise apartments ( 1.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lyons. Owner-occupied housing accounts for 71.94% of Lyons's homes, and 69.02% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Lyons built from 1970 to 1999 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 between 1940-1969 ( 26.82%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.18%). There's also some housing in Lyons built before 1939 ( 7.69%).
Vacant housing appears to be an issue in Lyons. Fully 13.31% of the housing stock is classified as vacant. Left unchecked, vacant Lyons homes and apartments can be a drag on the real estate market, holding Lyons real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Lyons have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.07%, which ranks in the top 40% nationwide. This equates to an annual average Lyons house appreciation rate of 0.69%.
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 10.17%, which is higher than appreciation rates in 94.29% 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 4.19%, which equates to an annual appreciation rate of 17.85%.
Importantly, this makes Lyons one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Oregon, our data show that Lyons's latest annual appreciation rate is higher than 60% of the other cities and towns in Oregon.
|$932,001 - $1,242,000||2.4|
|$621,001 - $932,000||3.8|
|$497,001 - $621,000||5.9|
|$372,001 - $497,000||24.8|
|$248,001 - $372,000||22.3|
|$124,001 - $248,000||30.7|
|$62,001 - $124,000||5.9|
|$0 - $62,000||2.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Lyons HOMES|
|2000 or Newer||15.2|
|1970 - 1999||50.3|
|1940 - 1969||26.8|
|1939 or Older||7.7|
|TYPE OF Lyons HOMES|
|Small Apt. Buildings||2.3|
|SIZE OF Lyons HOMES|
|5 or more bedrooms||0.00|