South Lyon, MI
Housing market overview · Updated weekly
$340,000median sale price
Homes sold
13
Last 12 weeks
Days on market
94
Average pace
Active listings
39
3.0 months supply
Sale-to-list
98.2%
Below asking
The South Lyon housing market is currently classified as a balanced market with a median sale price of $340,000. Prices have risen 32.0% compared to last year, with homes spending an average of 94 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in South Lyon
There are currently 39 homes listed for sale in South Lyon, Mi. The median listing price is $367K.
Active listings
39
Homes on market
Median list price
$367K
Avg. days on market
94
Days until sale
New this week
14
Newly listed
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Frequently asked questions
What is the average home price in South Lyon?
The median home sale price in South Lyon is $340,000, up 32.0% from last year.
How long do homes stay on market in South Lyon?
Homes typically spend 94 days on market before going under contract.
Is South Lyon a buyer's or seller's market?
With 3.0 months of supply, South Lyon is currently a balanced market.
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