Data as of July 2026. Source: Realtor.com.
The SOUTH LYON, MI real estate market (48178) currently shows 216 active listings, with 87 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 40 days on market compared to 35 days last year.
The median listing price has fallen 1.8% year-over-year, from $551,298 to $541,175.
Whether you are buying or selling in SOUTH LYON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
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 July 2026, there are 216 active listings in SOUTH LYON, MI (zip code 48178), compared to 190 the prior year.
The median listing price in SOUTH LYON, MI 48178 is $541,175 as of July 2026, a 1.8% decrease from $551,298 the prior year.
Homes in SOUTH LYON, MI 48178 spend an average of 40 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of July 2026, SOUTH LYON, MI 48178 is currently a Buyer's Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in SOUTH LYON, MI 48178 save an estimated $10,824 compared to a typical 5% commission on the median listing price of $541,175. 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.