What is the median home value in Lyman Township, IL?
The median value of owner-occupied homes in Lyman Township, IL is $70,300 (±$17,747), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Lyman Township, the median home value went from $61,400 in 2015–2019 to $70,300 in 2020–2024 (+14.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $70,300 (±$17,747)
- Owner-occupied homes
- 193 (±51)
- Most common range
- $50,000 to $99,999
Home values in Lyman Township
| Value | Lyman Township | Ford County | Illinois | United States |
|---|---|---|---|---|
| Less than $50,000 | 26.9% (±12.6 points) | 8.5% | 5.4% | 5.3% |
| $50,000 to $99,999 | 48.2% (±12.2 points) | 26.5% | 8.3% | 6.1% |
| $100,000 to $149,999 | 15.5% (±10.3 points) | 26.1% | 9.7% | 6.8% |
| $150,000 to $199,999 | 6.7% (±6.2 points) | 16.0% | 11.8% | 9.0% |
| $200,000 to $299,999 | 1.6% (±2.6 points) | 14.9% | 22.3% | 17.8% |
| $300,000 to $499,999 | 1.0% (±2.8 points) | 6.8% | 27.7% | 26.9% |
| $500,000 to $999,999 | 0.0% (±17.6 points) | 0.9% | 12.1% | 20.9% |
| $1,000,000 or more | 0.0% (±17.6 points) | 0.3% | 2.7% | 7.1% |
The most common range is $50,000 to $99,999, 48.2% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Lyman Township against Ford County, its state and the nation
| Lyman Township | Ford County | Illinois | United States | |
|---|---|---|---|---|
| Median home value | $70,300 (±$17,747) | $122,000 (±$5,410) | $263,300 (±$797) | $332,700 |
| Owner-occupied homes | 193 (±51) | 4,213 (±194) | 3,378,910 (±14,728) | 84,210,142 |
In Lyman Township, the median home value is lower than in Ford County ($122,000).
It is also lower than in Illinois ($263,300).
It is lower than the national figure ($332,700).
In Ford County, Lyman Township ranks 16 of 20 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 2474 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Lyman Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $61,400 (±$11,360) | $70,300 (±$17,747) | +14.5% | No measurable change after inflation |
| Median owner cost with a mortgage | $855 (±$96) | $1,005 (±$136) | +17.5% | No measurable change after inflation |
| Median real estate taxes | $1,605 (±$257) | $1,446 (±$227) | −9.9% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Lyman Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Lyman Township | — | $70,300 (±$17,747) | — |
| Roberts | 0.8 mi | $59,700 (±$27,048) | Not measurably different |
| Melvin | 4.9 mi | $66,300 (±$5,230) | Not measurably different |
| Thawville | 5.0 mi | $80,800 (±$23,623) | Not measurably different |
| Peach Orchard Township | 5.7 mi | $81,000 (±$20,239) | Not measurably different |
| Brenton Township | 6.3 mi | $92,300 (±$10,368) | Higher |
| Ridgeland Township | 8.0 mi | $94,400 (±$8,070) | Higher |
| Buckley | 8.1 mi | $96,800 (±$3,299) | Higher |
| Chatsworth Township | 8.3 mi | $107,700 (±$9,173) | Higher |
Nearby places with a measurably higher figure: Brenton Township, IL ($92,300), Ridgeland Township, IL ($94,400), Buckley, IL ($96,800).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Ford County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 10 | Sullivant Township | $105,800 (±$22,965) |
| 11 | Brenton Township | $92,300 (±$10,368) |
| 12 | Sibley | $90,600 (±$16,467) |
| 13 | Elliott | $83,800 (±$8,309) |
| 14 | Peach Orchard Township | $81,000 (±$20,239) |
| 15 | Piper City | $80,400 (±$23,648) |
| 16 | Lyman Township | $70,300 (±$17,747) |
| 17 | Kempton | $67,600 (±$8,855) |
| 18 | Mona Township | $66,800 (±$9,658) |
| 19 | Melvin | $66,300 (±$5,230) |
| 20 | Roberts | $59,700 (±$27,048) |
Showing 11 of 20 places in Ford County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lyman Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lyman Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Lyman Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Lyman Township, and send estimates and invoices from your phone.
Questions about Lyman Township
What is the average home value in Lyman Township, IL?
The Census Bureau publishes the median: $70,300 (±$17,747) for owner-occupied homes in Lyman Township (2020–2024 American Community Survey).
Have home values in Lyman Township gone up?
In Lyman Township, the median home value went from $61,400 in 2015–2019 to $70,300 in 2020–2024 (+14.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Lyman Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lyman township, Ford County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lyman township, Ford County, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lyman township, Ford County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lyman township, Ford County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lyman township, Ford County, Illinois (county subdivision:45252, in state:17 county:053).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lyman Township at a glance
- Renters and owners in Lyman Township
- Income and affordability in Lyman Township
- Homeowner costs in Lyman Township
- Property taxes in Lyman Township
- Types of homes in Lyman Township
- Age of homes in Lyman Township
- Heating fuel in Lyman Township
- Commute and cars in Lyman Township
- How long people stay in Lyman Township
- Illinois landlord and tenant rules
- Housing across Ford County
- Illinois places ranked by median home value
- Housing data for every place in Illinois