Lyons, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Lyons, OR Real Estate Data


Lyons Housing Market Information

With a population of 1,187, 398 total housing units (homes and apartments), and a median house value of $324,148, 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 76.50% of the city's housing units. Other types of housing that are prevalent in Lyons include mobile homes or trailers ( 19.29%), duplexes, homes converted to apartments or other small apartment buildings ( 2.22%), and a few row houses and other attached homes ( 1.33%).

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 74.37% of Lyons's homes, and 68.51% 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 ( 27.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.86%). There's also some housing in Lyons built before 1939 ( 7.10%).

Vacant housing appears to be an issue in Lyons. Fully 11.75% 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.

Lyons Home Appreciation Rates

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 7.47%, which ranks in the top 40% nationwide. This equates to an annual average Lyons house appreciation rate of 0.72%.

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 6.18%, which is higher than appreciation rates in 76.50% 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 1.08%, which equates to an annual appreciation rate of 4.40%.

Relative to Oregon, our data show that Lyons's latest annual appreciation rate is lower than 90% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$324,148

Lyons, OR HOME PRICES

Value Range
> $1,209,000 0.8
$907,001 - $1,209,000 2.8
$604,001 - $907,000 3.2
$483,001 - $604,000 6.8
$363,001 - $483,000 24.0
$242,001 - $363,000 26.7
$121,001 - $242,000 28.6
$61,001 - $121,000 4.8
$0 - $61,000 2.4

High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
14.616150377701 26.5700483091787

Number Of Homes And Apartments:
398

Rent & Ownership

 

Average Market Rent:
$898 / per month

Homeownership Rate

Homeownership
Owners 74.37
Renters 25.63
Vacant 11.75

Housing Market Details

 

Age of Homes

AGE OF Lyons HOMES
2000 or Newer 14.9
1970 - 1999 50.3
1940 - 1969 27.7
1939 or Older 7.1

Types of Homes

TYPE OF Lyons HOMES
Single-Family 76.5
Townhomes 1.3
Small Apt. Buildings 2.2
Apt. Complexes 0.7
Mobile Homes 19.3
Other 0.0

Home Size

SIZE OF Lyons HOMES
No Bedroom 1.55
1 Bedroom 1.33
2 Bedrooms 28.60
3 Bedrooms 58.09
4 Bedrooms 10.42
5 or more bedrooms 0.00

Lyons Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
53.10% 2.54% 3 6
* 10 is highest

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