Derek Bauer (734) 678-4745

South Lyon, MI 48178

Single-Family Homes

Real Estate One - Brighton | https://BauerRealtySolutions.com


South Lyon, MI 48178

Sat Oct 03 2026
This week the median list price for South Lyon, MI 48178 is $625,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 81. Click here to stay informed with the South Lyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

South Lyon, MI 48178

Sat Oct 03 2026
This week the median list price for South Lyon, MI 48178 is $625,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has increased to 81. Click here to stay informed with the South Lyon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the South Lyon market.
Median List Price $625,000
Median Price of New Listings $649,750
Per Square Foot $230
Average Days on Market 77
Median Days on Market 49
Price Decreased 32%
Price Increased 2%
Relisted 23%
Inventory 81
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$925,000 3,277 0.5 - 1 acre 4 4 8 3 3 70
$677,449 2,943 0.25 - 0.5 acre 4 3 10 2 1 66
$589,995 2,606 0.25 - 0.5 acre 4 2.8 3 3 2 49
$437,500 2,081 0.25 - 0.5 acre 3 2.3 40 2 1 28