Why Live in Lyman
Lyman, a rural town in Alfred, spans just under 50 square miles and has a population of less than 5,000 people as of 2020. The area is known for its serene environment, with roads lined by mature trees and homes often featuring spacious yards and winding driveways. Home styles in Lyman include Mid-Century Cape Cods, classic wooden cabins, and ranch-style homes, many of which offer water access to the town's numerous ponds. For recreation, residents can visit the Bunganut Lake Camping Area, which includes playsets and water activities, or the nearby Lyman Town Park for picnics and hiking. Bunganut Field offers two baseball diamonds for sports enthusiasts. Equestrians can enjoy Rest & Be Thankful Farm, which provides horse boarding and classes. Local dining options include Funky Bow Brewery & Beer Co., known for its craft beers and live music, and Town Line, a family-owned restaurant. Daily necessities can be found at Goodwins Mills General Store and Dollar General, with larger stores like Target located 8 miles away in Biddeford. Lyman is part of Regional School Unit 57. The town is car-friendly, with residents needing to drive along Alfred Road and Route 202 to get most of their daily necessities. For trips outside Maine, locals can head to the Portland International Jetport, 24 miles away. Community events such as the annual Easter Egg Hunt and activities at the local library foster a strong sense of community. Nearby Biddeford offers additional events like River Jam & Fringe Fest, providing a variety of things to do for residents.
Frequently Asked Questions
Is Lyman a good place to live?
Lyman is a good place to live. Lyman is considered very car-dependent and somewhat bikeable. Lyman is a rural neighborhood. Lyman has 6 parks for recreational activities. It is sparse in population with 0.2 people per acre and a median age of 47. The average household income is $90,123 which is below the national average. College graduates make up 16.1% of residents. A majority of residents in Lyman are home owners, with 11.7% of residents renting and 88.3% of residents owning their home. A
local real estate agent serving Lyman can help you decide if this neighborhood is the right one for you. Learn more on our
Lyman neighborhood guide.
How much do you need to make to afford a house in Lyman?
The median home price in Lyman is $550,000. If you put a 20% down payment of $110,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,800 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $120K a year to afford the median home price in Lyman. The average household income in Lyman is $90K.
What are the best public schools in Lyman?
The best public schools that serve Lyman are:
What are the most popular zip codes in Lyman, Alfred, ME?
What are the most popular neighborhoods near Lyman, Alfred, ME?
Are home prices dropping in Lyman?
Yes, home prices in Lyman are down 4% in the last 12 months.
Home Trends in Lyman, ME
On average, homes in Lyman, Alfred sell after 32 days on the market compared to the national average of 52 days. The median sale price for homes in Lyman, Alfred over the last 12 months is $515,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$515,000
Median Single Family Sale Price
$515,000
Average Price Per Sq Ft
$310
Number of Homes for Sale
3
Last 12 months Home Sales
32
Median List Price
$550,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
14%
