Why Live in South Lyon
South Lyon, Michigan, located approximately 40 miles west of Detroit, offers a small-town atmosphere with convenient access to metropolitan amenities. Incorporated in 1930, this city has a rich history, particularly with the railroad industry, and is now home to major employers such as the South Lyon School District and Michigan Seamless Tube. The downtown area features a variety of locally owned shops and restaurants, including the historic South Lyon Hotel, which was rebuilt after a fire in 2016. Residents enjoy a range of things to do, including visiting the farmers market, attending concerts in the park, and dining at diverse eateries offering Americana, baked goods, and Italian cuisine. The city boasts over 200 acres of green space across five parks and the Huron Valley Trail, which connects to additional trails for extensive hiking opportunities. McHattie Park is a local favorite with its sledding hill and the Witch’s Hat Depot Museum & Village, showcasing South Lyon's historical sites. Community events such as Depot Days and Pumpkinfest highlight the town's close-knit vibe. Housing options in South Lyon include mid-century bungalows, colonial revivals, ranch-style homes, and modern craftsman-style and New Traditional homes. The South Lyon Community Schools district is highly rated, with a strong student-teacher ratio and impressive graduation rates. Despite the lack of public transportation, Interstate 96 and Interstate 275 provide easy commutes to Detroit and the Detroit Metro Airport. South Lyon is safer than the national average, with notably lower crime rates.
Home Trends in South Lyon, MI
On average, homes in South Lyon, MI sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in South Lyon, MI over the last 12 months is $560,000, up 38% from the median home sale price over the previous 12 months.
Median Sale Price
$560,000
Median Single Family Sale Price
$625,000
Median Townhouse Sale Price
$90,000
Median 2 Bedroom Sale Price
$150,000
Median 1 Bedroom Sale Price
$72,300
Average Price Per Sq Ft
$219
Number of Homes for Sale
23
Last 12 months Home Sales
337
Median List Price
$565,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
38%
