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South Lyon Real Estate Overview

Today, January 5, 2010

Market View for South Lyon

Info
Avg. Listing Price $250,236 Wk ending Dec 30
+$3,096
+1.3%
w-o-w
Median Sales Price $149,000 Sep '09 - Nov '09
-$13,100
-8.1%
y-o-y
467Homes For Sale 0Open Homes
193Recently Sold 114Foreclosures

Market Trends for South Lyon

Embed Info
Listing price – South Lyon
Average Listing Price
$250,236
+1.3%
w-o-w
Median Sales Price
$149,000
-8.1%
y-o-y
Average price/sqft
$84
-11.6%
y-o-y
Number of Sales
82
+0%
y-o-y
More South Lyon Market Trends
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Home Prices for Oakland County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Dec 30
 
w-o-w

48009
$614,737
+0.4%
48067
$175,535
-0.7%
48073
$141,172
+0.2%
48306
$478,522
+0.4%
48220
$96,877
-1.3%
 
Movers & Shakers
Avg. listing price
Week ending Dec 30
 
w-o-w

48303
$747,897
+21.4%
48037
$199,900
+8.5%
48212
$43,064
-5.6%
48215
$118,796
+4.5%
48359
$200,672
-4.3%
 
View Oakland County Home Prices Map
 

South Lyon Summary

Average price per square foot for South Lyon MI was $84, a decrease of 11.6% compared to the same period last year. The median sales price for homes in South Lyon MI for Sep 09 to Nov 09 was $149,000 based on 82 home sales. Compared to the same period one year ago, the median home sales price decreased 8.1%, or $13,100, and the number of home sales increased 0%.

There are currently 467 resale and new homes in South Lyon on Trulia, including 114 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in South Lyon MI was $250,236 for the week ending Dec 30, which represents an increase of 1.3%, or $3,096, compared to the prior week.

 

Schools in South Lyon

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
South Lyon Cmty School District
Public
PK - 12
13
8,353
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Centennial Middle School
Public
6 - 8
Kent Lake Elementary School
Public
K - 5
Sayre Elementary School
Public
K - 5
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all South Lyon Schools
 

Community Info for South Lyon

Info
More South Lyon Community Info

Homes for Sale in South Lyon

980 Oak Creek Drive, South Lyon MI
980 Oak Cr…
$164,900
3 br  2 ba
10875 Omega Drive, South Lyon MI
10875 Omega…
$179,000
3 br  2 ½ ba
12347 Nantucket Drive #4, South Lyon MI
12347 Nant…
$61,000
2 br  2 ba
25130 Franklin Terrace #4, South Lyon MI
25130 Fran…
$34,900
2 br  1 full 2 partial ba
11252 Arrowhead Drive, South Lyon MI
11252 Arro…
$172,500
3 br  2 ½ ba
12280 Nantucket Drive #1, South Lyon MI
12280 Nant…
$61,900
2 br  2 ba
View all South Lyon Homes for Sale
 
Stats & Trends
South Lyon

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
New Hudson
$162,500
$205,402
Salem
$177,828
$293,760
Whitmore Lake
$139,450
$221,484
Hamburg Twp
$140,000
$235,304
Novi
$175,000
$302,851
Hamburg
$235,000
$215,624
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Advice

Recent Q&A in South Lyon, MI

Q: Our first good faith estimate had a interest rate of 6.5% and the new Good faith estimate from the underwriters has an interest rate of 7% due to 2 answers
Q: Does anyone know of any mortgage lenders that are approving FHA loans with a credit score of 600? Please help!! 4 answers
Q: Looking to buy a house in Lyon twp. How are the schools in South lyon? 2 answers
Q: I'm looking for a legitimate lender who is well versed on the various relief and/or rescue packages available. 4 answers
Q: Looking for a 3bdr, 1 bath RENTAL HOME - (post-bankruptcy/house) where do we begin looking?? 1 answer

Got a real estate question? 

More Advice:
  • Recent Q&A in South Lyon, MI
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Nearby Cities Real Estate

  • New Hudson Real Estate
  • Salem Real Estate
  • Whitmore Lake Real Estate
  • Hamburg Twp Real Estate
  • Novi Real Estate
  • Hamburg Real Estate

Nearby Cities Sold Homes

  • New Hudson Sold Homes
  • Salem Sold Homes
  • Whitmore Lake Sold Homes
  • Hamburg Twp Sold Homes
  • Novi Sold Homes
  • Hamburg Sold Homes

Nearby Cities Home Prices

  • New Hudson Home Prices
  • Salem Home Prices
  • Whitmore Lake Home Prices
  • Hamburg Twp Home Prices
  • Novi Home Prices
  • Hamburg Home Prices

South Lyon Stats & Trends

  • South Lyon Market Trends
  • South Lyon Schools
  • South Lyon Community Info
  • South Lyon Home Prices
  • South Lyon Real Estate
  • South Lyon Recently Sold Homes

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South Lyon real estate—use Trulia to find real estate in South Lyon as well real estate in other cities in Michigan. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest South Lyon real estate trends, market activity, and neighborhood information. Before buying a house in South Lyon, research real estate on Trulia. Understanding the South Lyon real estate market is your first step to buying a home in South Lyon, Michigan. Our real estate guide gives your a valuable overview of the South Lyon real estate market—find South Lyon properties, sales statistics, real estate price trends, real estate market activity, comparisons of South Lyon schools or Michigan schools, and general demographic information for South Lyon, MI. Trulia's real estate guide combines a South Lyon map with a detailed list of South Lyon neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in South Lyon.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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