Foreclosure Homes in Lyon, MS 38645

Current Market Conditions in Lyon, MS

The real estate market in Lyon is characterized by affordable housing options, making it attractive for first-time homebuyers and investors. The demand for homes remains steady as more people seek refuge from urban centers and embrace the benefits of rural living.

The trends indicate a growing interest in Lyon's real estate, with properties appreciating in value over the past few years. Investors can expect a favorable return due to the affordable pricing and the increasing desirability of small-town living.

Rent Prices In Lyon, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lyon, MS, is on a rollercoaster ride. The average rent price in Lyon, MS, is $901.00. Indeed, when looking to rent in Lyon, MS, you can expect to pay as little as $560.00 or as much as $1,580.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Lyon, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.