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South Lyon, MI 48178 Real Estate & Property Data

South Lyon, MI 48178 Real Estate Market Trends
Last Updated: April 28, 2024

A total of 469 residential properties have been sold over the past 12 months in 48178. With a median sales price of $406,000 in 48178 and a total of 2 foreclosures in South Lyon, MI 48178. Discover market trends and get the granular level real estate data for South Lyon, MI 48178 to keep your pulse on the housing market. Curate compelling home reports for South Lyon, MI 48178 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

South Lyon, MI 48178 Real Estate Market Trends
Get property data for any address in South Lyon, MI 48178 or the country:
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 12,551
Total Commercial Properties 313
Avg. Home Age (Single Family Home) 41 Years
Avg. Square Feet (Single Family Home) 2,070
Total 2024 Residential Sales (year-to-date) 53
% of Homes Seriously Underwater (Q2 2024) 0.95%
Total 2023 Residential Sales 443
% of Equity Rich Homes (Q2 2024) 46.29%
Effective 2023 Property Tax 0.94%
Total Foreclosure Filings (year-to-date) 3
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South Lyon, MI 48178 Real Estate Overview

There were 469 residential properties sold in the past year in South Lyon, MI 48178. The median home value in South Lyon, MI 48178 is $469,280. There are a total of 12,551 residential properties in the 48178.

Median Sales Price i
$406,000
(Feb 2024)
+16%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $406,000
  • January '24 Jan '24 $380,500
  • December '23 Dec '23 $395,000
  • November '23 Nov '23 $435,000
  • October '23 Oct '23 $307,400
  • September '23 Sep '23 $495,000
  • August '23 Aug '23 $375,000
  • July '23 Jul '23 $560,000
  • June '23 Jun '23 $453,500
  • May '23 May '23 $295,000
  • April '23 Apr '23 $366,000
  • March '23 Mar '23 $420,000
Median Down Payment i
$75,000
(Feb 2024)
+119.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $75,000
  • January '24 Jan '24 $60,875
  • December '23 Dec '23 $78,000
  • November '23 Nov '23 $84,800
  • October '23 Oct '23 $43,985
  • September '23 Sep '23 $43,925
  • August '23 Aug '23 $75,000
  • July '23 Jul '23 $149,125
  • June '23 Jun '23 $96,250
  • May '23 May '23 $65,000
  • April '23 Apr '23 $65,375
  • March '23 Mar '23 $50,000
Number of Homes Sold i
25
(Feb 2024)
+13.6%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 25
  • January '24 Jan '24 28
  • December '23 Dec '23 36
  • November '23 Nov '23 36
  • October '23 Oct '23 37
  • September '23 Sep '23 37
  • August '23 Aug '23 41
  • July '23 Jul '23 46
  • June '23 Jun '23 58
  • May '23 May '23 37
  • April '23 Apr '23 35
  • March '23 Mar '23 31
Number of Purchase Loans i
26
(Feb 2024)
+23.8%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 26
  • January '24 Jan '24 24
  • December '23 Dec '23 41
  • November '23 Nov '23 29
  • October '23 Oct '23 31
  • September '23 Sep '23 29
  • August '23 Aug '23 28
  • July '23 Jul '23 37
  • June '23 Jun '23 35
  • May '23 May '23 27
  • April '23 Apr '23 37
  • March '23 Mar '23 42
Number of REFI Loans i
23
(Feb 2024)
+53.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 23
  • January '24 Jan '24 19
  • December '23 Dec '23 16
  • November '23 Nov '23 21
  • October '23 Oct '23 27
  • September '23 Sep '23 18
  • August '23 Aug '23 23
  • July '23 Jul '23 28
  • June '23 Jun '23 27
  • May '23 May '23 33
  • April '23 Apr '23 21
  • March '23 Mar '23 20
Number of HELOC Loans i
13
(Feb 2024)
+8.3%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 13
  • January '24 Jan '24 16
  • December '23 Dec '23 16
  • November '23 Nov '23 20
  • October '23 Oct '23 21
  • September '23 Sep '23 21
  • August '23 Aug '23 19
  • July '23 Jul '23 22
  • June '23 Jun '23 13
  • May '23 May '23 27
  • April '23 Apr '23 15
  • March '23 Mar '23 24

South Lyon, MI 48178 Real Estate Market Overview

Last 30 days
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South Lyon, MI 48178 Foreclosure Activity

There were a total of 2 South Lyon, MI 48178 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Foreclosure Starts i
2
(Feb 2024)
+100%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 2
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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