Why Live in South Lyon
South Lyon, located approximately 40 miles west of Detroit, offers a small-town atmosphere with convenient access to metropolitan amenities. The neighborhood features a historic downtown area with locally owned shops, diverse dining options, and community events such as farmers markets and concerts in the park. Notable dining spots include the South Lyon Hotel, which has been a community staple since its reconstruction in 2017. Residents can shop for groceries at Busch’s Fresh Food Market and Kroger on Pontiac Trail. The area is home to South Lyon Community Schools, which are highly rated and serve nearly 8,500 students with a favorable student-teacher ratio. South Lyon boasts over 200 acres of parkland, including McHattie Park with its popular sledding hill and Witch’s Hat Depot Museum & Village. The Huron Valley Rail Trail offers 12 miles of scenic hiking and biking paths, connecting to additional trails for extended exploration. Annual events like Depot Days and Pumpkinfest foster a strong sense of community. Housing options range from mid-century bungalows to modern craftsman-style homes, with new subdivisions adding to the mix. The crime rates in South Lyon are significantly lower than the national average, contributing to its appeal as a safe residential area. While public transportation is absent, Interstate 96 and Interstate 275 provide easy commutes to Detroit and the Detroit Metro Airport, which is 34 miles away.
Home Trends in South Lyon, MI
On average, homes in South Lyon, MI sell after 28 days on the market compared to the national average of 50 days. The median sale price for homes in South Lyon, MI over the last 12 months is $405,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$510,000
Median Townhouse Sale Price
$199,000
Median 2 Bedroom Sale Price
$167,950
Median 1 Bedroom Sale Price
$89,999
Average Price Per Sq Ft
$214
Number of Homes for Sale
79
Last 12 months Home Sales
399
Median List Price
$425,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%