Market Overview
Home Prices in Lyman, ME
The median home value in Lyman, ME is $488,031 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and down 0.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lyman are priced19% above average. Lyman is part of the Portland-South Portland, ME metro area.
Over the past five years, Lyman home values have risen by approximately24.9%, reflecting strong long-term appreciation in this market.
Price History
Lyman Home Price Trend
City Comparison
Lyman vs. National Median
At $488,031, homes in Lyman cost 19% above the national median of $410,000. Buyers in Lyman should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Lyman?
20% Down Payment
$97,606
on $488,031
Monthly P&I
$2,545/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,232/mo
incl. taxes & insurance
Income Needed
$129,280
gross annual (30% rule)
10% Down Option
$48,803
+ PMI applies
Loan Amount (20% dn)
$390,425
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lyman, ME?
The median home value in Lyman is $488,031 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Lyman?
Over the past year, home values in Lyman have decreased by 0.8%. Over five years, prices have risen approximately 24.9%.
How much do I need to earn to buy a home in Lyman?
To comfortably afford the median home price of $488,031 with a 20% down payment ($97,606) at today's rates (6.8%), you'd need a gross annual income of approximately $129,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Lyman compare to the national average home price?
The national median home value is approximately $410,000. At $488,031, homes in Lyman are 19% above the national average.
What metro area is Lyman part of?
Lyman is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.