Data as of September 2026. Source: Realtor.com.
The SOUTH LYON, MI real estate market (48178) currently shows 200 active listings, with 75 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 45 days on market compared to 42 days last year.
The median listing price has fallen 1.8% year-over-year, from $539,998 to $530,105.
Population: 36,842 · Density: 296.6/mi² · Median household income: $127,052
Typical home value: $359,786 · Homeownership: 91.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48178 | South Lyon, MI 48178 | 0.0 mi | 124 | $68,059,756 | $472,040 | $548,869 |
| 48189 | Whitmore Lake, MI 48189 | 6.5 mi | 31 | $16,900,611 | $451,344 | $545,181 |
| 48168 | Northville, MI 48168 | 6.9 mi | 62 | $55,058,170 | $600,000 | $888,035 |
| 48139 | Hamburg, MI 48139 | 7.4 mi | 1 | $734,000 | $734,000 | $734,000 |
| 48393 | Wixom, MI 48393 | 8.0 mi | 38 | $15,597,518 | $360,000 | $410,461 |
| 48170 | Plymouth, MI 48170 | 8.6 mi | 87 | $63,318,426 | $524,950 | $727,798 |
| 48380 | Milford, MI 48380 | 9.3 mi | 11 | $10,358,854 | $738,749 | $941,714 |
| 48375 | Novi, MI 48375 | 10.3 mi | 45 | $18,868,185 | $453,750 | $419,293 |
| 48187 | Canton, MI 48187 | 12.0 mi | 73 | $34,056,909 | $389,805 | $466,533 |
| 48198 | Ypsilanti, MI 48198 | 12.3 mi | 93 | $25,844,514 | $227,500 | $277,898 |
| 48382 | Commerce Township, MI 48382 | 12.8 mi | 72 | $52,358,040 | $649,500 | $727,195 |
| 48331 | Farmington, MI 48331 | 13.6 mi | 42 | $20,076,504 | $429,472 | $478,012 |
| 48188 | Canton, MI 48188 | 14.2 mi | 102 | $45,388,470 | $412,450 | $444,985 |
As of September 2026, there are 200 active listings in SOUTH LYON, MI (zip code 48178), compared to 182 the prior year.
The median listing price in SOUTH LYON, MI 48178 is $530,105 as of September 2026, a 1.8% decrease from $539,998 the prior year.
Homes in SOUTH LYON, MI 48178 spend an average of 45 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SOUTH LYON, MI 48178 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in SOUTH LYON, MI 48178 save an estimated $10,602 compared to a typical 5% commission on the median listing price of $530,105. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.