On the Market in Lyon Park
Lyon Park Real Estate
Guide to Lyon Park
Lyon Park is a tree-lined neighborhood of single family homes situated near Arlington VA’s bustling Clarendon neighborhood. This serene yet active neighborhood is just far enough away from the development of “Arlington’s Downtown” to provide residents with a relaxing environment, but also close enough that many of Clarendon’s hot spots are still within quick walking and even quicker driving distance. Besides the neighborhood’s close proximity to the ever-popular Clarendon neighborhood, Lyon Park has so much to offer to its residents, like great parks, an active community association, highly rated schools and some of the most sought-after single family homes in the area.
Just South of Clarendon
Lyon Park is another Arlington VA neighborhood that is often considered a part of Clarendon, located at the southern end of the trendy neighborhood. Clarendon ends and Lyon Park begins at 10th Street N, and then continues down an L shaped section of Arlington Boulevard, up N Irving Street, and back up north to 10th Street N.
A Historic District, with a Mix of Old and New
The community of Lyon Park has been an Arlington fixture since the mid 20th century, when DC began to see an overflow of residents flock to Northern Virginia. Its close proximity to the Capitol made it a no-brainer for developers to take advantage of the underutilized land right across the river from DC. Ever since development began in the 1920s, there has been steady construction of mostly single family homes, with a couple of townhome and garden-style condo developments on the edge of the neighborhood near Arlington Boulevard and Washington Boulevard. The result of the varied development timeline has created a diverse range of homes in almost every price range. While strolling down the sidewalks of Lyon Park, it’s common to see a 1950s bungalow plopped next to a brand new Craftsman style home, or a garden-style condominium complex within a couple blocks of a stately colonial. Some may find the disparate home styles unorganized, but its what contributes to the neighborhood’s undeniable charm and character!
One of the main reasons why Lyon Park has continued to be a “neighborhood to watch” in Arlington is due to the community’s active citizen’s association. Besides keeping residents informed and involved with monthly meetings designed to address the needs of residents, the community also puts on events almost every month of the year, facilitating neighborhood bonding and always providing residents with something to do. Some of the annual events in the neighborhood include a Community Yard Sale, Chili Cookoff and the highly anticipated Spring Home and Gardens Tour.
From Here to There
Lyon Park’s location is one of the main reasons why the neighborhood has remained so popular since its rise in the 1920s. One of the main arteries of Arlington, Washington Boulevard cuts the neighborhood in half, leading to access points at Route 50, George Washington Memorial Parkway, I-395, and I-66. Public Transportation is another convenient option to get into Washington DC or out to Vienna (and eventually Tysons Corner and Dulles) via the orange (and eventual silver) line Clarendon metro station, Metrobus, or Arlington Transit, or ART for short. Since most homes in Lyon Park have garages or dedicated resident-only street parking, Lyon Park locals can enjoy the best of both worlds, taking the metro or bus to work, but still having the freedom of a car for weekend trips and errands.
Stay in Lyon Park or Venture to Nearby Clarendon
On the entertainment and dining side, it’s easy to automatically assume that all of the choices for Lyon Park residents lie in the neighboring Clarendon area. However, Lyon Park has a couple of awesome takeout and eat-in dining options of its own. If you’re looking for some takeout, look no further than Astor Mediterranean, BonChon Chicken, and Paisano’s Pizza. There are also some cool spots to try for a unique sit-down meal or a night out, mainly on Washington Boulevard, including Tallula, EatBar and Sibarita. All of the favorites of Clarendon are also still very close by, like hot spots Lyon Hall, Green Pig Bistro, and Screwtop. There are also some retail and services right in the area, including beauty salons, convenience stores and furniture stores.
Indoor and Outdoor Fun
Lyon Park is lucky to have a string of parks that run parallel to Washington Boulevard, beginning with Henry Clay Park, the grounds of the Lyon Park Community House and finally leading to Fillmore Park. All of these parks are perfect for getting some fresh air and exercise for the kids, and even the “adult kids”. Henry Clay Park is a bit small compared to others in the area, but makes up for it with all of its recreation options, including a gazebo, playground and basketball court. Fillmore Park is adjacent to Long Branch Elementary and has a paved trail that runs through the park, a playground, picnic tables, baseball fields, and softball fields. If group fitness and indoor workouts are more your thing, check out one of the many fitness facilities of Clarendon and surrounding areas, including Gold’s Gym, Washington Sports Club, Revolve Cycle Studio, Lava Barre, Spark Yoga and Clarendon Fitness.
No Signs of Slowing Down
Like much of Arlington, Lyon Park is another neighborhood that shows no sign of a lack of interest; many potential buyers will wait for the perfect home only in this super desirable neighborhood. With all of the parks, entertainment, recreation and transportation options nearby, it’s pretty clear why future residents won’t settle for anything else but Lyon Park!
Real Estate Market Stats
Basic Stats Overview
Data Source: MRIS Listing Data, Last Updated: 7/22/2016
|Homes for Sale||10||-40.0%||-20.0%|
|Solds: 90 Day||17||-11.8%||+11.8%|
|Average List Price/Sold Price||101.15%||+3.0%||+3.2%|
|90 Day Sold||$775,775||-10.4%||+19.0%|
|90 Day Sold||$775,000||-14.8%||+14.3%|
|Days on Market|
|90 Day Sold||26.41||-75.2%||-0.5%|
|Homes for Sale||7||-28.6%||+28.6%|
|Solds: 90 Day||9||-22.2%||+22.2%|
|Average List Price/Sold Price||101.36%||+3.7%||+4.5%|
|90 Day Sold||$1,153,130||-1.1%||+26.5%|
|90 Day Sold||$1,088,000||0.0%||+24.6%|
|Days on Market|
|90 Day Sold||29.44||-135.0%||+29.7%|
|Homes for Sale||1||-100.0%||0.0%|
|Solds: 90 Day||2||-50.0%||0.0%|
|Average List Price/Sold Price||100.90%||+0.4%||-0.9%|
|90 Day Sold||$628,050||-13.9%||+24.2%|
|90 Day Sold||$628,050||-28.3%||+24.2%|
|Days on Market|
|90 Day Sold||4.50||+11.1%||-66.7%|
|Homes for Sale||2||-50.0%||-200.0%|
|Solds: 90 Day||6||+16.7%||0.0%|
|Average List Price/Sold Price||99.97%||+0.2%||+0.8%|
|90 Day Sold||$258,983||-1.0%||-64.0%|
|90 Day Sold||$257,950||-4.7%||-38.0%|
|Days on Market|
|90 Day Sold||29.17||+27.3%||-36.0%|
What does the most expensive home in Lyon Park look like?
824 DANVILLE ST, ARLINGTON, VA 22201
How about the least expensive?
2709 ARLINGTON BLVD #202, ARLINGTON, VA 22201
232 CLEVELAND ST N, ARLINGTON, VA 22201
How Much is Available?Data Source: MRIS Listing Data, Active Inventory
The number of Lyon Park homes listed for sale. Lower inventory favors sellers in negotiations.
How Many Months of Inventory?Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Lyon Park divided by the number of homes sold in one month. Higher inventory favors buyers.
More Actives or More Pendings?Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Lyon Park listed for sale versus those under contract. The lower the number, the hotter the market.
Are Sellers Negotiating?Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Lyon Park versus their list price.
What is Average?Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Lyon Park
How Fast Are They Selling?Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Lyon Park homes that sold in the past 90 days.
The Lyon Park Civic Association does an excellent job of organizing the yearly Lyon Park bonfire in the middle of Lyon Park on Halloween night. Be sure to arrive early as the donuts and warm apple cider will not last all night!