New - 1 day on Rocket
$8,301 Closing Credit¹
#81025003798, Roy Wilson, Listing Office: Remerica United Realty
Lyon Charter Township Housing Market Report January 2025•Oakland County, Michigan
Housing Prices in Lyon Charter Township, MI
How much do homes in Lyon Charter Township, MI cost?
Housing Market Conditions
Is Lyon Charter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lyon Charter Township is a Neutral Market
Difference Since January 2024
At the same time last year, Lyon Charter Township was a Buyer's Market.
Insight
Lyon Charter Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$595,000$205/SqFt
+$45,000
+8.2%
Based on all homes sold in the last 12 months
Insight
Homes in Lyon Charter Township have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Lyon Charter Township was $595,000 in January 2025, up 8.2% from last year, and the median price per square foot was $205.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Lyon Charter Township | $550K | $595K | +8.2% |
| Salem Township | $635K | $680K | +7.1% |
| South Lyon | $450K | $471.5K | +4.8% |
| Wixom | $350K | $362K | +3.4% |
| New Hudson | $480K | $479.5K | -0.1% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $39.1K | $68.4K | +75.1% |
| 22 Bedrooms | $510.5K | $407K | -20.3% |
| 33 Bedrooms | $482K | $460K | -4.6% |
| 44 Bedrooms | $608.6K | $615K | +1.0% |
| 55+ Bedrooms | $653K | $752.4K | +15.2% |
Summary: Lyon Charter Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +75.1%. The home price for 2 bedroom homes decreased by -20.3%. The home price for 3 bedroom homes decreased by -4.6%. The home price for 4 bedroom homes increased by +1.0%. The home price for 5 bedroom homes increased by +15.2%.
Housing supply in Lyon Charter Township, MI
How many homes are available in Lyon Charter Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthJan 2025 | ||
| 692 months agoDec 2024 | -2.9 % Change MoMDec – Jan |
Summary: The Lyon Charter Township real estate market had 67 homes for sale in Jan 2025, a 2.9 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJan 2025 | ||
| 232 months agoDec 2024 | -52.2 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 3 | -25.0% |
| 22 Bedrooms | 4 | 6 | +50.0% |
| 33 Bedrooms | 14 | 12 | -14.3% |
| 44 Bedrooms | 38 | 40 | +5.3% |
| 55+ Bedrooms | 9 | 6 | -33.3% |
Summary: Lyon Charter Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes increased by +5.3%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Lyon Charter Township, MI cost?
Over Asking Price4 Homes
At Asking Price0 Home
Under Asking Price7 Homes
Insight
If you're buying a home in Lyon Charter Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Lyon Charter Township in January 2025, down by 52.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 0% were sold at asking, and and 36% were sold over asking.
Days on Market for Lyon Charter Township, MI
How long does it take to sell a home in Lyon Charter Township, MI?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days6 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Lyon Charter Township has remained consistent over time.
Summary: During January 2025, 11 homes were sold in Lyon Charter Township; 45% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 34 DaysThis YearJan 2025 | ||
| 15 Days1 year agoJan 2024 | +119.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lyon Charter Township had an average listing age of 34 days in Jan 2025, up by 119.4% compared to the previous year.
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Newest Listings in Lyon Charter Township, MI
What homes are available in Lyon Charter Township, MI?
New - 1 day on Rocket
$7,588 Closing Credit¹
#20250006972, Mary K Carano, Listing Office: National Realty Centers, Inc
New - 1 day on Rocket
$7,101 Closing Credit¹
#81025003740, Randall Wolber, Listing Office: Simple Fee Listings
New - 3 days on Rocket
$1,188 Closing Credit¹
#20250005730, Noel Bittinger, Jackie St Andrew, Listing Office: Bittinger Team, REALTORS
New - 3 days on Rocket
$10,000 Closing Credit¹
#20250004463, Lori Tocco, Cindi L Joachim, Listing Office: EXP Realty Main
$9,061 Closing Credit¹
#20250004845, Anthony Lombardo, Listing Office: Lombardo Realty
$10,000 Closing Credit¹
#20250004829, Anthony Lombardo, Listing Office: Lombardo Realty
$6,827 Closing Credit¹
#20250004190, Hari K Kakumanu, Listing Office: Community Choice Realty Associates, LLC
$7,113 Closing Credit¹
#20250004089, Eric Meldrum, Listing Office: EXP Realty Main
$9,167 Closing Credit¹
#20250003822, Heather S Shaffer, Listing Office: PH Relocation Services LLC
$8,811 Closing Credit¹
#20250002957, Heather S Shaffer, Listing Office: PH Relocation Services LLC
$7,469 Closing Credit¹
#20250002143, Stacey A Pardikes, Listing Office: Harmony Home Real Estate Group
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 02/01/2023 - 02/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.