How much does it cost to buy a house in South Lyon, MI?

In August 2026 South Lyon homes were listed to buy for a median price of $549K, which is same as July 2025 last month, and same as August 2025 last year. The median value of a home listed to buy in South Lyon in August 2026 was $203 per sqft,

Is it affordable or expensive to live in South Lyon, MI?

It is expensive to live in South Lyon. Buying a home in South Lyon is 1% more expensive compared with the national average.

Are home prices dropping in South Lyon, MI?

Home price are dropping in South Lyon, in August 2026, homes to buy in South Lyon have same in median list price by 3% compared with July 2026, one month ago.

Is the South Lyon, MI housing market slowing down?

In August 2026, homes to buy in South Lyon spent an median 83 days on the market, a same August 2025 last year.

What are the best and safest places to live in South Lyon, MI?

The best and safest neighborhoods to live in South Lyon in August 2026 are North Burns Park, Earhart Village, Downtown South Lyon, Lower Burns Park, Chalmers, North Central, Heritage Ridge Condominiums, Wildwood Park, Downtown Ann Arbor, Glazier Way, Newport West Condominiums, Downtown Wixom, Foxfire Condominiums, Woodbury Park, Coventry Gardens, Downtown Milford, Geddes Lake Condominiums, Broadway, River House Condominiums, Chapel Hill Condominiums

How much money should I make to buy a house in South Lyon, MI?

In August 2026, South Lyon homes were listed to buy for a median price of $549K, with 25% down you would need $3.44K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $118K.

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South Lyon, MI Real Estate Snapshot

List Price

$569,800

$/Sqft

$202

Homes For Sale

134

Home Size

2,461 Sqft

Days on Movoto

Frequently Asked Questions about South Lyon, MI

The Movoto Advantage

Homes with Foreclosure For Sale in South Lyon, MI

South Lyon, MI Real Estate Snapshot

Frequently Asked Questions about South Lyon, MI

Real Estate & Homes For Sale Nearby South Lyon, MI