Market Overview
Home Prices in Lyman, SC
The median home value in Lyman, SC is $308,541 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lyman are priced25% below average. Lyman is part of the Spartanburg, SC metro area.
Over the past five years, Lyman home values have risen by approximately32.8%, reflecting strong long-term appreciation in this market.
Price History
Lyman Home Price Trend
2020
$198,042
$198K
—
2021
$232,249
$232K
+17.3%
2022
$283,513
$284K
+22.1%
2023
$283,622
$284K
+0.0%
2024
$298,300
$298K
+5.2%
2025
$300,906
$301K
+0.9%
2026
$308,541
$309K
+2.5%
City Comparison
Lyman vs. National Median
🏠 Lyman
$308,541
National Median
$410,000
At $308,541, homes in Lyman cost 25% below the national median of $410,000. This makes Lyman a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lyman?
20% Down Payment
$61,708
on $308,541
Monthly P&I
$1,609/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,043/mo
incl. taxes & insurance
Income Needed
$81,720
gross annual (30% rule)
10% Down Option
$30,854
+ PMI applies
Loan Amount (20% dn)
$246,833
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, SC?
The median home value in Lyman is $308,541 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Lyman?
Over the past year, home values in Lyman have increased by 2.5%. Over five years, prices have risen approximately 32.8%.
How much do I need to earn to buy a home in Lyman?
To comfortably afford the median home price of $308,541 with a 20% down payment ($61,708) at today's rates (6.8%), you'd need a gross annual income of approximately $81,720. 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 $308,541, homes in Lyman are 25% below the national average.
What metro area is Lyman part of?
Lyman is part of the Spartanburg, SC metropolitan area. Home prices and market conditions can vary across the broader metro region.