A typical Lyme home is worth roughly $235,000
No new homes were permitted in 2025.
What kind of housing town is Lyme?
Read from the numbers below. The page puts what stands out first.
8 of Lyme’s houses are on the National Register
Half of Lyme’s homes were built before 1974.
New York: 54% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
A typical home costs 2.9 years of income
Less than across New York (6.1 years). Try your own numbers below.
That covers a typical Lyme home, with $58K to spare.
A two-bedroom rents for about $1,240 a month here, $280 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lyme’s typical property tax (1.47% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,240
Renters already here pay a median of $838, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Watertown-Fort Drum, NY MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Lyme in 2025. The last year with any was 2022 (3 new homes).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 3 | 3 | 0 | $96,000 |
| 2021 | 2 | 2 | 0 | $64,000 |
| 2020 | 1 | 1 | 0 | $32,000 |
| 2019 | 2 | 2 | 0 | $64,000 |
| 2018 | 2 | 2 | 0 | $64,000 |
| 2017 | 2 | 2 | 0 | $64,000 |
| 2016 | 2 | 2 | 0 | $64,000 |
Lyme's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Lyme vs. its neighbors
Lyme is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Lyme | $235K* | — | $1,240 | 0 | $81,400 |
| Brownville | $217K | +0.8% | $1,210 | — | $88,071 |
| Cape Vincent | $257K | +8.5% | $1,160 | — | $61,402 |
| Hounsfield | $258K* | — | $1,360 | — | $82,981 |
| Clayton | $336K | +7.4% | $1,190 | 0 | $90,357 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Lyme buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.