Lyon, MS Foreclosures
Current Market Conditions in in Lyon, MS As of April 2026?
In the past month, the Lyon real estate market has shown signs of stabilization as inventory remains tight. Home sales have slightly increased, with many properties receiving multiple offers. This uptick is possibly attributed to the beginning of the school year, as families look for homes within good school districts. The average days on market has decreased, suggesting a quicker pace of sales compared to last month.
How much do homes sell for in Lyon, MS?
The average home price is currently $100,374.
In Lyon, MS, how many homes are available?
There are currently 5 active home listings available in Lyon.
What’s the average rental cost in Lyon, MS?
The average rental price in Lyon is $901.
What is the most expensive home in Lyon?
The most expensive home sold in Lyon had a price of $443,321.
What is currently the cheapest priced home in Lyon, MS?
The cheapest home for sale in Lyon is priced at $17,458.
Living in Lyon, MS
Lyon, MS is a small and welcoming town that offers a peaceful lifestyle combined with a supportive community. It's a great place for families and individuals seeking tranquility away from the hustle and bustle of city life. With nearby amenities and a strong sense of community, Lyon provides an excellent environment for both work and play.
Buyer vs Seller Market in Lyon, MS
The real estate market in Lyon is characterized by affordable home prices, making it an attractive option for first-time home buyers. The community continues to see interest in its family-friendly environment, which is bolstered by quality local schools and an overall sense of safety. Over the past year, there has been a slight increase in home values as demand for housing in smaller towns continues to rise, partly due to remote work trends that allow more people to live where they prefer.
Currently, homes in Lyon are moving at a steady pace, and while inventory is limited, it remains competitive among buyers looking for value. Interest rates continue to affect purchasing power, but the market is still seen as favorable for those looking for a quiet lifestyle away from urban hubs.
Home Value Estimator For Lyon, MS
There are currently 430 real estate properties
in Lyon, MS,
with a median automated valuation model (AVM) price
of $77,364.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lyon, MS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lyon, MS,
is $100,374.00, with the most expensive house
in Lyon, MS, topping out
at $443,321.00 and the cheapest home
in Lyon, MS,
clocking in at $17,458.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lyon, MS!
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.