Lyman, WY—82937
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lyman, WY
As of Oct '25, the median home price in Lyman, WY is $302,000, with a year-over-year change of 8.7%. This indicates that home prices in Lyman, WY are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $302,000 | 8.7% |
| Single Family | $301,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $301,000 | 6.7% |
4 Bed | $376,000 | 7.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lyman, WY
As of July '25, Rentcast reports the average rent in Lyman, WY is $1,040, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Lyman, WY is 2-bedrooms: $900, 3-bedrooms: $1,120. The most common rental property sizes in Lyman, WY are 3-bedroom and 2-bedroom, accounting for 65.5% and 29.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,040 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $900 |
| 3 Bed Rent | $1,050 | $1,120 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lyman, WY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lyman, WY is 45. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $422,000 | 44.0% |
Listing Count | 19 | 236.0% |
| Listings as % of Homes | 0.9% | 236.0% |
Days on Market | 45 | -14.0% |
Demographics — Lyman, WY
As of the latest ACS Survey released in 2023, Lyman, WY has a population of 3,240, which has decreased by -26.0% over the past 5 years. Lyman, WY is a popular place for families, as children make up 33.2% of the population. The area has a poorly educated workforce, with 21.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,240 | -26.0% |
% Under 18 | 33.2% | 8.5% |
% Seniors | 13.1% | 17.0% |
% WFH | 8.4% | 320.0% |
% w/ College Degree | 21.8% | 54.6% |
As of the latest ACS Survey released in 2023, Lyman, WY is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 12.2% in the last 5 years. The second most common race or ethnicity in Lyman, WY is hispanic, making up 10.6% of the population. Foreign-born residents account for 1.6% of the population in Lyman, WY, and this percentage has increased by 300.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.3% | -12.2% |
% Black | 0.0% | N/A |
% Hispanic | 10.6% | 960.0% |
% Asian | 0.9% | 800.0% |
% Foreign Born | 1.6% | 300.0% |
Mortgage and Risk — Lyman, WY
According to HUD data as of 2023, there were 30 mortgage originations in Lyman, WY, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Lyman, WY. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 30 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Lyman, WY
Lyman, WY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $810 |
| 2 Bedroom | $160 | $900 | $1,060 |
| 3 Bedroom | $440 | $1,050 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Lyman, WY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $302,000 |
| Median Household Income | $97,300 |