3 days on Rocket
#81025038478, Daniel DeCapua, Walker Barnes, Listing office: RE/MAX Platinum
South Lyon Housing Market Report July 2025•Oakland County, Michigan
Housing Prices in South Lyon, MI
How much do homes in South Lyon, MI cost?
Housing Market Conditions
Is South Lyon, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
South Lyon is a Seller's Market
Difference Since July 2024
Since last year, South Lyon has remained a Seller's Market.
Insight
South Lyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$540,500$182/SqFt
+$65,500
+13.8%
Based on all homes sold in the last 12 months
Insight
Homes in South Lyon have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in South Lyon was $540,500 in July 2025, up 13.8% from last year, and the median price per square foot was $182.
Median Sold Price By Bedrooms
| Beds | Jul 2024 | Jul 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $95K | N/A |
| 22 Bedrooms | $170K | $174.7K | +2.8% |
| 33 Bedrooms | $380K | $425K | +11.8% |
| 44 Bedrooms | $565.6K | $630K | +11.4% |
| 55+ Bedrooms | $680.6K | $713.9K | +4.9% |
Summary: South Lyon housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.8%. The home price for 3 bedroom homes increased by +11.8%. The home price for 4 bedroom homes increased by +11.4%. The home price for 5 bedroom homes increased by +4.9%.
How does South Lyon, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
South Lyon, MI
Housing supply in South Lyon, MI
How many homes are available in South Lyon, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 110Last MonthJul 2025 | ||
| 742 months agoJun 2025 | +48.6 % Change MoMJun – Jul |
Summary: The South Lyon real estate market had 110 homes for sale in Jul 2025, a 48.6 % increase compared to Jun 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 27Last MonthJul 2025 | ||
| 142 months agoJun 2025 | +92.9 % Change MoMJun – Jul |
Homes For Sale By Bedroom Count
| Beds | Jun 2025 | Jul 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 5 | +66.7% |
| 22 Bedrooms | 15 | 22 | +46.7% |
| 33 Bedrooms | 22 | 33 | +50.0% |
| 44 Bedrooms | 27 | 42 | +55.6% |
| 55+ Bedrooms | 7 | 8 | +14.3% |
Summary: South Lyon housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +66.7%. The inventory for 2 bedroom homes increased by +46.7%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +55.6%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in South Lyon, MI cost?
Over Asking Price15 Homes
At Asking Price5 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in South Lyon, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 27 homes were sold or pending in South Lyon in July 2025, up by 92.9% month-over-month. Of the 27 sold homes, 26% were sold under asking, 19% were sold at asking, and and 56% were sold over asking.
Days on Market for South Lyon, MI
How long does it take to sell a home in South Lyon, MI?
Breakdown of Home Sale Times
Under 30 Days25 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in South Lyon are selling fast, if you're buying plan to act quickly.
Summary: During July 2025, 27 homes were sold in South Lyon; 93% of homes were sold within 30 days, 7% 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 |
|---|---|---|
| 11 DaysThis YearJul 2025 | ||
| 27 Days1 year agoJul 2024 | -58.6 % Change YoYJul 2024 – Jul 2025 |
Summary: Homes in South Lyon had an average listing age of 11 days in Jul 2025, down by 58.6% compared to the previous year.
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Newest Listings in South Lyon, MI
What homes are available in South Lyon, MI?
3 days on Rocket
#81025038370, Jason Robinson, Listing office: Real Estate One Inc Plymouth
3 days on Rocket
#20251022747, Jamey Kramer, Listing office: RE/MAX Classic
3 days on Rocket
#20251017806, Daniel A Naurato, Listing office: @properties Christies Intl RE Northville
3 days on Rocket
#20251022867, Madhavi Kondapalli, Listing office: Century 21 Professionals Livonia
4 days on Rocket
#20251022370, Jeff Glover, Amy Knight, Listing office: KW Professionals, KW Professionals Brighton
4 days on Rocket
#65025038142, James D Blehm, Shannon M Carpenter, Listing office: Keller Williams GR North
4 days on Rocket
#20251022598, Onkar Mande, Listing office: eHomes Realty
4 days on Rocket
#20251022097, Kamaraju Vadrevu, Listing office: Internet Real Estate, Inc
4 days on Rocket
#20251022400, Lisa Soulliere, Listing office: KW Realty Livingston
4 days on Rocket
#20251019242, Jeff Glover, Amy Duncan, Listing office: KW Professionals
5 days on Rocket
#20251022117, Paul G Mruk, Listing office: RE/MAX Classic
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., Michigan Regional Information Center LLC, and MiRealSource Inc. DL for the period 08/01/2023 - 08/01/2025
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: 8/4/2025, 2:45:36 PM 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: 8/1/2025, 5:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/4/2025, 2:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.