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Housing in Lyman

188 homes sold in Lyman in the last year, at a typical $276K

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.

Homes sold
188
June 2025 to May 2026
Typical sale price
$276K
median, weighted by sales
Price per square foot
$156
Mississippi $145
Paid vs. asking
99.5%
9% sold over asking
For sale now
33
May 2026 · 23 sold that month
What sold · last 12 months

Houses are 100% of Lyman’s sales, at a typical $276K

188 homes sold in the year to May 2026.

Houses$276K

typical sale · 188 sold in 12 months

Per square foot
$156MS $142
Days to sell
51
Sold over asking
9%
Listings with a price cut
14%
14 years of sales

More homes sell than most years, at 1.8 times the 2016 price

188 sales in the last year, against 172 in 2025 and a low of 34 in 2012. The typical sale went from $151K in 2016 to $276K.

Homes soldTypical sale price
050100150200$150K$200K$250K$300K2012: 34 sold, typical $144K’122013: 39 sold, typical $150K2014: 57 sold, typical $148K’142015: 55 sold, typical $160K2016: 61 sold, typical $151K’162017: 62 sold, typical $153K2018: 77 sold, typical $177K’182019: 101 sold, typical $168K2020: 144 sold, typical $173K’202021: 122 sold, typical $200K2022: 68 sold, typical $233K’222023: 110 sold, typical $250K2024: 73 sold, typical $239K’242025: 172 sold, typical $272KLast 12 months: 188 sold, typical $276KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Lyman

Houseat $156 a sq ft
The same money in Mississippiat $142 a sq ft

Is this asking price fair?

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.

What the sales history says · 14 years of sales

Bidding wars in Lyman are rarer than before the pandemic, with about as many homes for sale

We read every month of Lyman’s home sales since 2012 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, 188 sales.

If you’re buying in Lyman

  • Shop in October. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • Bid near asking. Buyers paid 99.5% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 11 a month), but May is the most competitive: 23% of May sales close over asking. October offers nearly as much choice with fewer homes bid up (10%). October has the least competition (10%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 8 new listings a month, 20% sold over asking, 88 days to sellJFeb: 9 new listings a month, 13% sold over asking, 83 days to sellFMar: 9 new listings a month, 20% sold over asking, 85 days to sellMApr: 8 new listings a month, 15% sold over asking, 89 days to sellAMay: 9 new listings a month, 23% sold over asking, 90 days to sellMJun: 11 new listings a month, 19% sold over asking, 86 days to sellJJul: 9 new listings a month, 16% sold over asking, 73 days to sellJAug: 6 new listings a month, 23% sold over asking, 69 days to sellASep: 11 new listings a month, 23% sold over asking, 65 days to sellSOct: 10 new listings a month, 10% sold over asking, 91 days to sellONov: 10 new listings a month, 19% sold over asking, 100 days to sellNDec: 7 new listings a month, 23% sold over asking, 68 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Mississippi as a whole

Lyman now2017–192021 peakMS now
Sold over askingShare of sales that closed above the list price9%23%29%10%
Gone within two weeksShare of homes under contract within 14 days18%0%16%26%
Listings with a price cutShare of homes for sale that cut their price14%——25%
Price paid vs. askingAverage sale price ÷ list price99.5%99.4%100%96.5%
Days to sellMedian days from listing to contract511125751
Supply

38 homes for sale on a typical day

That’s 2.6 times the 2022 low (15) and about the 2017–19 level.

2012: 21 for sale’122013: 33 for sale2014: 34 for sale2015: 39 for sale’152016: 31 for sale2017: 27 for sale2018: 36 for sale’182019: 44 for sale2020: 38 for sale2021: 18 for sale’212022: 15 for sale2023: 20 for sale2024: 19 for sale’242025: 30 for saleLast 12 months: 38 for saleNow
Room to negotiate

1 in 7 listings has cut its price

14% in the last year, against — in 2017–19 and 25% across Mississippi.

2022: 18%’222023: 21%2024: 22%2025: 19%’25Last 12 months: 14%Now
Across Mississippi

Lyman ranks 29th of 42 busy Mississippi markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lyman is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lyman home costs about $1,554 a month

Mortgage
Property tax
Insurance
Rent

Price: Lyman’s typical sale, last 12 months. Property tax at Lyman’s 0.5% (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.

Before you buy in Lyman

Six things worth knowing

11

New listings in June

The month with the most choice. August has the fewest, about 6.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $276K home, about $1,370 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Lyman, from test results, graduation and how much students grow.

Schools in Lyman
21 min

Typical commute

The average one-way trip to work for people who live in Lyman.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Gulfport, Long Beach, Biloxi, D'Iberville and Diamondhead sell for less a square foot; Pass Christian for far more

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.

SoldTypical sale$/sq ftOver askingDays to sell
Gulfport999$201K$13714%53
Biloxi549$265K$15110%58
Long Beach322$276K$1478%47
Diamondhead249$258K$14411%52
Lyman188$276K$1569%51
Pass Christian126$362K$22111%95
D'Iberville120$279K$14514%57

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.

Selling, or renting out?

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, MS?

188 homes sold in the year to May 2026 at a typical $276K, $156 a square foot.

Is Lyman a buyer’s or seller’s market?

A seller’s market: 33 homes were for sale in May 2026 and 23 sold, about 1.4 months of supply. Buyers paid 99.5% of asking on average, and 14% of listings cut their price.

When is the best time to buy in Lyman?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lyman?

About 0.5% of a home’s value a year. On a $276K home that’s near $1,370.

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). 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).