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House Prices & Home Values South Lyon, MI 2026Average Data
04/04/2026 - The value range (VR) for house prices in South Lyon, MI is $169/ sqft to $169/ sqft. An average home with 2194 sqft costs approximately $370,786 to $370,786. South Lyon, MI includes 1 ZIP codes and it is located in Washtenaw county. The lowest prices are found in ZIP 48178, while the highest are in ZIP 48178. The average price per sqare feet is $167. Our analysis is based on 14 property listings. Avergage prices by ZIP codes South Lyon
Historical development of home values in South Lyon
Graph: estimated home values in South Lyon over time (USD)Example: 100% financing house in South LyonLoan amount: $365,413 Interest rate: 6.00% Fixed monthly payment: $2,190.84
Breakdown in the 1st month: Yearly breakdown (100% financing)
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included. How to sell in South Lyon, MI
In 2026, houses in South Lyon, MI will be offered at an average price of $167 per square foot. A 1,500 sqft home priced at $303,105 is 23.07% more expensive per square foot than a 3,900 sqft home priced at $644,787. Home prices in South Lyon, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $446,392. Sellers who can wait longer may achieve a higher price of up to $545,590. South Lyon, MI OverviewSouth Lyon, MI is a welcoming city in southwest Oakland County known for its historic downtown and small-town charm. Location & LifestyleLocated near I-96 with easy access to Ann Arbor and Detroit, The walkable downtown South Lyon features boutiques, cafes, and restored buildings that highlight the community?s 19th-century railroad heritage. Things to DoOutdoor lovers enjoy quick trips to Kensington Metropark and Island Lake Recreation Area for biking, paddling, and year-round trails. Inside the city, the Huron Valley Trail and numerous parks provide playgrounds, dog areas, and connected greenways for daily recreation. Community & SchoolsFamilies value highly rated South Lyon Community Schools and a calendar packed with youth sports, library programs, and neighborhood events. Signature gatherings like Pumpkinfest and the summer concert series build strong community spirit and welcome visitors throughout the region. Housing & EconomyThe local economy blends light industry, healthcare, and small businesses, while residents also tap into job centers across metro Detroit. Homebuyers find a mix of historic homes, new subdivisions, and condos, with relatively competitive South Lyon real estate compared to nearby markets. Why Visit or MoveWhether you are planning a weekend visit or a long-term move, South Lyon, Michigan offers convenience, character, and a vibrant, connected lifestyle. FAQ – Home Values in South LyonWhat is the median home value in South Lyon in 2026?In 2026, the typical home value in South Lyon is about $365,413 for an average home size of 2194 square feet. This corresponds to an average price of roughly $167 per square foot. What is the average cost per square foot in South Lyon?In 2026, homes in South Lyon sell for an average of around $167 per square foot, with a typical range between $169 and $169 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in ?The average home size in South Lyon is about 2194 square feet, with an estimated 2026 value around $365,413. Locations close to South Lyon, MI
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