South Lyon, MI Real Estate: Homes For Sale

Homes for sale in South Lyon, MI offer a blend of small-town charm and modern convenience in southwestern Oakland County. South Lyon is known for its friendly neighborhoods, vibrant downtown, and highly-regarded South Lyon Community School District.

Outdoor recreation is easy to find, with several local parks and the expansive Kensington Metropark just a short drive away. The area primarily falls under ZIP code 48178 and provides a small-town feel while still offering easy access to Brighton, MI and Milford, MI. Feel free to register for instant listing alerts to get the quickest access to new listings.

South Lyon, MI Real Estate

South Lyon’s real estate market remains active and on an upward trend. Prices are up 4.7% over the past 12 months, indicating steady growth in home values. On average, local homes spend about 35 days on the market, reflecting consistent buyer demand. The housing inventory ranges from historic downtown properties to newer builds in suburban developments, giving buyers a range of choices.

South Lyon appeals to a mix of buyers, from families drawn by the excellent schools to professionals seeking a quieter home base within commuting distance of Metro Detroit. Its small-town charm and convenient location continue to make the city a desirable place to settle down.

For buyers, this means well-priced homes can sell quickly—so being prepared to act fast is key. For sellers, the high demand often leads to competitive offers and favorable sale terms. South Lyon’s ongoing appeal – from its community amenities to its location – continues to draw interest from across the region.

Best neighborhoods near South Lyon:

• Brighton, MI
• Milford, M
  
• Plymouth, MI

All IDX information is provided exclusively for consumers. All data from MLS; statuses include active, under contract, pending.

South Lyon, MI Average Home Prices

The current median price for homes in South Lyon is $452,946, which represents a 4.7% increase over the past 12 months. This steady rise in prices indicates a robust local market and strong demand.

For context, smaller condos or starter homes may sell below the median, whereas larger new-construction houses or properties with acreage can command higher prices. South Lyon’s prices remain competitive with those of nearby communities, offering buyers a good balance of value and amenities.

Overall, this trend is positive for homeowners watching their equity grow, while buyers can still search and find relative affordability compared to some neighboring suburbs. Being aware of these average home prices helps both buyers and sellers make informed decisions in this market.

Type of Homes in South Lyon, MI

South Lyon’s housing stock provides options for a range of preferences and budgets. Buyers can find everything from low-maintenance condos to spacious single-family houses, and even a few multi-family properties for investment. Below are some common types of homes available in the South Lyon area:

• Condos for sale in South Lyon, MI
• Single-family homes in South Lyon, MI
• Multi-family homes in South Lyon, MI
  

Whether you’re a first-time buyer or seeking more space, South Lyon’s diverse selection of listings offers something for everyone. This variety of property types ensures you can search a home that fits your needs and budget.