Derek Bauer (734) 678-4745

South Lyon, MI 48178

Single-Family Homes

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


South Lyon, MI 48178

Sat Jul 04 2026
This week the median list price for South Lyon, MI 48178 is $689,995 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 66. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

South Lyon, MI 48178

Sat Jul 04 2026
This week the median list price for South Lyon, MI 48178 is $689,995 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has increased to 66. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the South Lyon market.
Median List Price $689,995
Median Price of New Listings $675,000
Per Square Foot $238
Average Days on Market 61
Median Days on Market 28
Price Decreased 23%
Price Increased 3%
Relisted 12%
Inventory 66
Median Rent
Market Action 44
Slight Seller's Advantage

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$1,100,000 3,650 2.5 - 5 acres 4 3.5 11 3 0 42
$779,495 3,255 0.25 - 0.5 acre 4 3.5 6 2 3 24
$642,990 2,700 0.25 - 0.5 acre 4 3 2 2 6 14
$452,250 2,104 0.25 - 0.5 acre 4 2.5 38 4 3 21