9

South Lyon, MI Homes under $400,000

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  • 11987 Shenandoah Dr Unit 3, South Lyon, MI 48178
    11987 Shenandoah Dr Unit 3, South Lyon, MI 48178
    11987 Shenandoah Dr Unit 3, South Lyon, MI 48178
    /43

    $310,000 Open Sun 12PM - 2PM

    • 2 Beds
    • 2 Baths
    • 980 Sq Ft

    11987 Shenandoah Dr Unit 3, South Lyon, MI 48178

    Fully Renovated Gem with Walkout Basement & Lake Access in Centennial Farm.Get ready to fall in love with this stunning, move-in ready home that has been beautifully transformed from top to bottom. Located in a sought after 55+ community with private beach and lake access on a peaceful chain of lakes. This home offers the perfect blend of upscale living and natural beauty.Step inside to discover

    Agent Photo

    Mary Carano

    National Realty Centers, Inc

    (947) 243-4554

    11987 Shenandoah Dr Unit 3, South Lyon, MI 48178
  • 153 Eagle Crest Dr, South Lyon, MI 48178
    153 Eagle Crest Dr, South Lyon, MI 48178
    153 Eagle Crest Dr, South Lyon, MI 48178
    /34

    $380,000

    • 3 Beds
    • 2.5 Baths
    • 1,843 Sq Ft

    153 Eagle Crest Dr, South Lyon, MI 48178

    Welcome to this beautifully updated 3 bedroom 2.5 bath Cape Cod style home nestled in a great neighborhood with charming curb appeal and well kept landscaping. As you step inside you'll immediately appreciate the open layout of the main floor. The spacious family room boasts high vaulted ceilings, gas fireplace, and a doorwall to deck perfect for grilling, creating an atmosphere of openness and

    Jim DiMora Keller Williams Advantage

    153 Eagle Crest Dr, South Lyon, MI 48178
  • 738 Kestrel Ridge Dr Unit 34, South Lyon, MI 48178
    738 Kestrel Ridge Dr Unit 34, South Lyon, MI 48178
    738 Kestrel Ridge Dr Unit 34, South Lyon, MI 48178
    /43

    $349,900 Open Sun 2PM - 4PM

    • 3 Beds
    • 2 Baths
    • 1,559 Sq Ft

    738 Kestrel Ridge Dr Unit 34, South Lyon, MI 48178

    Beautiful Cape Cod home featuring a desirable first-floor primary bedroom with a walk-in closet and direct access to a full bath. The spacious kitchen offers plenty of room to cook and gather, with a doorwall leading to a serene backyard that backs to a peaceful wooded area — perfect for relaxing or entertaining. Ideally located near the high school, downtown, scenic walking trails, and metro

    Scott Peterson Home First Realty

    738 Kestrel Ridge Dr Unit 34, South Lyon, MI 48178
  • 9970 Cross Creek Dr, South Lyon, MI 48178
    9970 Cross Creek Dr, South Lyon, MI 48178
    9970 Cross Creek Dr, South Lyon, MI 48178
    /13

    $350,000

    • Land
    • 10 Acres
    • $34,213 per Acre

    9970 Cross Creek Dr, South Lyon, MI 48178

    Build your dream home on 9970 Cross Creek Drive — a breathtaking 10.23-acres parcel with 920 feet of frontage along the scenic southeast branch of the Huron River.Nestled within the exclusive, gated Cross Creek community—comprised of just 10 homesites across 95 wooded and gently rolling acres—this property offers a rare blend of privacy, natural beauty, and prestige.Enjoy the peace and seclusion

    Joy DiMaggio KW Domain

    9970 Cross Creek Dr, South Lyon, MI 48178
  • 864 Challenging Trail, South Lyon, MI 48178
    864 Challenging Trail, South Lyon, MI 48178
    864 Challenging Trail, South Lyon, MI 48178
    /30

    $315,000

    • 2 Beds
    • 2.5 Baths
    • 1,186 Sq Ft

    864 Challenging Trail, South Lyon, MI 48178

    Welcome to the Village at Eagle Heights—a beautifully maintained, move-in ready condo with thoughtful updates throughout! The bright kitchen features newer Corian countertops, a tile backsplash, and a newer doorwall (installed around 2015). Enjoy an updated full bath with a walk-in shower and newer vanity countertops. New carpet throughout and new kitchen flooring (replaced about 5 years ago).

    DeAnna McGowan Good Company

    864 Challenging Trail, South Lyon, MI 48178
  • 11771 Shenandoah Dr, South Lyon, MI 48178
    11771 Shenandoah Dr, South Lyon, MI 48178
    11771 Shenandoah Dr, South Lyon, MI 48178
    /51

    $307,000

    • 2 Beds
    • 2 Baths
    • 1,880 Sq Ft

    11771 Shenandoah Dr, South Lyon, MI 48178

    Location, location, location! This fully renovated ranch sits on a peaceful cul-de-sac in the highly desirable Phase II of the Centennial Farms 55+ community. Move-in ready and beautifully updated throughout, the home features new hardwood floors, carpet, fresh paint, and thoughtful renovations in every corner. Step into the bright, open-concept main floor where the stunning kitchen features

    Cliff Merritt KW Realty Living

    11771 Shenandoah Dr, South Lyon, MI 48178
  • 13404 Sequoia Ln, South Lyon, MI 48178
    13404 Sequoia Ln, South Lyon, MI 48178
    13404 Sequoia Ln, South Lyon, MI 48178
    /22

    $379,900

    • 4 Beds
    • 2 Baths
    • 2,700 Sq Ft

    13404 Sequoia Ln, South Lyon, MI 48178

    Spacious ranch in mature subdivision. 4 bedrooms and 2 full baths with a partial basement, mostly finished. kitchen remodeled in 2024' has beautiful vaulted wood ceilings, open concept with island and newer appliances. Slider to deck with large fenced back yard and above ground pool. Summer is just around the corner!

    Jeanee Gilson Michigan Living Real Estate

    13404 Sequoia Ln, South Lyon, MI 48178
  • 214 Detroit St, South Lyon, MI 48178
    214 Detroit St, South Lyon, MI 48178
    214 Detroit St, South Lyon, MI 48178
    /25

    $348,500

    • 4 Beds
    • 2 Baths
    • 2,177 Sq Ft

    214 Detroit St, South Lyon, MI 48178

    A great opportunity to own an investment property in the City of South Lyon, within easy walking distance of downtown for all the activities throughout the year. You could choose to live in one unit and rent to other to help with bills, and use the second unit for adult children , parents, or lease both units strictly for the rental income. Both units are currently rented , the total income is

    Thomas Kern RE/MAX Platinum

    214 Detroit St, South Lyon, MI 48178
  • 64162 Eight Mile W, South Lyon, MI 48178
    64162 Eight Mile W, South Lyon, MI 48178
    /2

    $399,000

    • Land
    • 4.00 Acres
    • $99,750 per Acre

    64162 Eight Mile W, South Lyon, MI 48178

    Wonderful opportunity to build on 4+ Gorgeous Acres with Mike Miller Building Co.Design as small or as large as you wish. Four useable acres on lush, green, rolling hills.

    Gregory Morad GEM Realty & Development

    64162 Eight Mile W, South Lyon, MI 48178
Michigan South Lyon

Real Estate & Homes in South Lyon, MI under $400,000

Home Trends in South Lyon, MI

On average, homes in South Lyon, MI sell after 29 days on the market compared to the national average of 49 days. The median sale price for homes in South Lyon, MI over the last 12 months is $407,500, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$407,500
Median Single Family Sale Price
$510,000
Median Townhouse Sale Price
$199,000
Median 2 Bedroom Sale Price
$169,900
Median 1 Bedroom Sale Price
$86,000
Average Price Per Sq Ft
$214
Number of Homes for Sale
59
Last 12 months Home Sales
388
Months of Supply
1.80
Median List Price
$415,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home

Explore the array of homes and houses for sale under $400,000 in South Lyon, where you'll find 9 options tailored for those seeking affordable real estate opportunities. Whether you're interested in spacious family homes, modern townhouses, or cozy bungalows, South Lyon offers a diverse range of choices to match your needs and financial considerations. Take advantage of these affordably-priced properties to make your move into the real estate market in South Lyon, MI.

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