Photo: John Phelan · CC BY-SA 4.073 homes sold in Lyman in the last year, at a typical $494K
Redfin reports Lyman’s sales by ZIP code, so these figures are for ZIP 04002, which takes in Lyman and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lyman homes are listed.
Every place Lyman homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lyman.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Lyman’s sales, at a typical $497K
73 homes sold in the year to May 2026.
typical sale · 72 sold in 12 months
- Per square foot
- $290ME $253
- Days to sell
- 41
- Sold over asking
- 36%
About as many homes sell as usual, at twice the 2016 price
73 sales in the last year, against 106 in 2019 and a low of 63 in 2023. The typical sale went from $242K in 2016 to $494K.
Source: Redfin Data Center, MLS sales; for ZIP 04002, which takes in Lyman and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Lyman
Check a listing against what Lyman homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lyman are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of home sales in ZIP 04002 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 73 sales.
If you’re buying in Lyman
- Shop in May. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Bid near asking. Buyers paid 98.9% of the list price on average; 35% paid over.
- You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 41 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 13 a month), but August is the most competitive: 40% of August sales close over asking. May and June offer nearly as much choice with fewer homes bid up (36%). March has the least competition (29%) but only about 6 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Maine
| Lyman now | 2017–19 | 2021 peak | ME now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 35% | 23% | 59% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 44% | 36% | 63% | 32% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 22% |
| Price paid vs. askingAverage sale price ÷ list price | 98.9% | 98.3% | 104.1% | 98.1% |
| Days to sellMedian days from listing to contract | 41 | 34 | 14 | 57 |
16 homes for sale on a typical day
That’s twice the 2022 low (8), 43% fewer than in 2017–19 and well under 2016’s 34.
Source: Redfin Data Center, ZIP code tracker; for ZIP 04002, which takes in Lyman and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lyman home costs about $2,888 a month
Price: Lyman’s typical sale, last 12 months. Property tax at Lyman’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lyman is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. February has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $494K home, about $3,730 a year.
Taxes vs. neighborsSchools
The schools grade for Lyman, from test results, graduation and how much students grow.
Schools in LymanCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Sanford sells for less a square foot
The busier markets within 25 miles of Lyman, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Saco | 305 | $516K | $320 | 37% | 40 |
| Sanford | 284 | $378K | $257 | 36% | 43 |
| Biddeford | 233 | $493K | $329 | 27% | 50 |
| Kennebunk | 102 | $550K | $343 | 32% | 51 |
| Lake Arrowhead | 82 | $409K | $286 | 45% | 39 |
| Lyman (ZIP 04002) | 73 | $494K | $292 | 35% | 41 |
| West Kennebunk | 25 | $748K | $363 | 20% | 85 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lyman, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lyman. People who follow the town see it, and so do people comparing Lyman with their own town. No commission, no listing fee.
Questions about buying a home in Lyman
What do homes sell for in Lyman, ME?
73 homes sold in the year to May 2026 at a typical $494K, $292 a square foot.
Is Lyman a buyer’s or seller’s market?
A balanced market: 19 homes were for sale in May 2026 and 4 sold, about 4.4 months of supply. Buyers paid 98.9% of asking on average.
When is the best time to buy in Lyman?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lyman?
About 0.8% of a home’s value a year. On a $494K home that’s near $3,730.
Where can I see homes for sale in Lyman?
Zillow, Redfin, Realtor.com and Homes.com all carry Lyman’s MLS listings; the search links above open each one filtered to Lyman.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 04002, which takes in Lyman and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).