Lyme, OH housing market
Home prices around Lyme have risen about 70% over the past 5 years. No new homes were permitted in 2025.
Home values, sales, trends and how Lyme compares with the towns next door — updated as new data is published.
Home prices up 70% in 5 years
The federal house price index for the ZIP codes around Lyme rose 70% over the past 5 years, faster than across Ohio (53%). Last year prices rose 15%.
Show as a table
| Year | Change that year | Since 2000 | Ohio since 2000 |
|---|---|---|---|
| 2025 | +15% | +106% | +106% |
| 2024 | +6.9% | +78% | +97% |
| 2023 | +11% | +67% | +84% |
| 2022 | +11% | +51% | +70% |
| 2021 | +12% | +36% | +50% |
| 2020 | +3.9% | +21% | +35% |
| 2019 | +1.9% | +17% | +29% |
| 2018 | +5.5% | +14% | +23% |
| 2017 | +4.1% | +8.4% | +16% |
| 2016 | +0.4% | +4.1% | +11% |
| 2015 | +6.4% | +3.7% | +6.7% |
| 2014 | +2.1% | −2.5% | +3.1% |
| 2013 | −3.1% | −4.5% | −0.2% |
| 2012 | −3.2% | −1.5% | −0.4% |
| 2011 | −1.8% | +1.8% | +1.3% |
| 2010 | −4.8% | +3.7% | +5.1% |
| 2009 | −4.5% | +8.9% | +8.9% |
| 2008 | −0.7% | +14% | +12% |
| 2007 | −4.1% | +15% | +15% |
| 2006 | +2.1% | +20% | +17% |
| 2005 | −0.8% | +17% | +16% |
| 2004 | +3.6% | +18% | +12% |
| 2003 | +1.4% | +14% | +8.5% |
| 2002 | +4.5% | +12% | +6.7% |
| 2001 | +7.6% | +7.6% | +4.3% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 44811, 44847, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
No new homes permitted in 2025
No permits for new homes were issued in Lyme in 2025. The last year with any was 2020 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Lyme gained 20 residents while 9 new homes were permitted: about 2.2 new residents per new home. Building and growth moved roughly in step. Across Ohio: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $325,000 |
| 2019 | 1 | 1 | 0 | $259,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $190,000 |
| 2016 | 1 | 1 | 0 | $190,000 |
| 2015 | 2 | 2 | 0 | $420,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 2 | 2 | 0 | $307,000 |
| 2012 | 1 | 1 | 0 | $239,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $116,000 |
| 2009 | 2 | 2 | 0 | $222,000 |
| 2008 | 1 | 1 | 0 | $240,000 |
| 2007 | 1 | 1 | 0 | $350,000 |
| 2006 | 3 | 3 | 0 | $575,000 |
| 2005 | 3 | 3 | 0 | $575,000 |
| 2004 | 3 | 3 | 0 | $575,000 |
| 2003 | 9 | 9 | 0 | $1.4 million |
| 2002 | 9 | 9 | 0 | $1.4 million |
| 2001 | 9 | 9 | 0 | $1.4 million |
| 2000 | 8 | 8 | 0 | $1.2 million |
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, through August 2026.
Lyme and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Lyme | — | +15.3%† | $1,010 | 0 | $103,750 |
| Bellevue | $191K | +2.8% | $980 | 7 | $53,875 |
| Ridgefield | — | +25.9%† | $1,090 | 0 | $70,199 |
| Sherman | — | +17.7%† | $1,030 | 1 | $130,521 |
| Groton | — | +9.5%† | $1,020 | 2 | $93,843 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,010
HUD's Fair Market Rent for a two-bedroom in Lyme is $1,010 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $740 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44811, 44847; Erie County, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
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. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.