South Lyon Housing Information - Census

IndexSouth LyonMichiganNational
Median home price$161,100$127,800$184,700
Median rent asked$859$799$949
Avg. people per household2.22.52.6
Owner occupied households71.6%70.8%63.6%
Renter occupied households28.4%29.2%36.4%

South Lyon Housing Information - Zillow

IndexSouth LyonMichiganNational
Zillow home value index$308,900$132,300$196,500
Year over year appreciation rate9.66%7.91%6.79%
5 year average appreciation rate7.81%8.20%5.28%
10 year average appreciation rate1.66%-0.30%0.01%

Did you know?

  • The median home price in South Lyon is 13% lower than the national average.
  • The median rent asked in South Lyon is 9% lower than the national average.
  • The average number of people per household in South Lyon is 16% lower than the national average.
  • The number of owner occupied households in South Lyon is 13% higher than the national average.
  • The number of renter occupied households in South Lyon is 22% lower than the national average.

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Compare South Lyon, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Wayne, MI17,143$65,90064%
Westland, MI82,218$96,70048%
Walled Lake, MI7,102$122,70034%
Whitmore Lake, MI6,988$141,20024%
Howell, MI9,507$144,30022%
South Lyon, MI11,672$161,10013%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Ocean Pines, MD11,676$269,40046%
Oak Hills, OR11,678$358,60094%
Red Oak, TX11,663$154,00017%
Los Alamitos, CA11,661$680,100268%
El Campo, TX11,685$111,40040%
South Lyon, MI11,672$161,10013%
Source: The South Lyon, MI housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.