Active Listings
126
⇧ 4.1% vs 121 last year
Population: 36,842 · Density: 296.6/mi² · Median household income: $127,052
Typical home value: $359,786 · Homeownership: 91.9%
Data as of January 2026. Source: Realtor.com.
The SOUTH LYON, MI real estate market (48178) currently shows 126 active listings, with 46 pending sales. Homes are averaging 72 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 72 days on market compared to 52 days last year.
The median listing price has fallen 19.7% year-over-year, from $584,975 to $469,990.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48178 | South Lyon, MI 48178 | 0.0 mi | 126 | $69,810,174 | $469,990 | $554,049 |
| 48189 | Whitmore Lake, MI 48189 | 6.5 mi | 29 | $15,502,414 | $471,500 | $534,566 |
| 48168 | Northville, MI 48168 | 6.9 mi | 55 | $47,095,070 | $600,000 | $856,274 |
| 48374 | Novi, MI 48374 | 7.4 mi | 15 | $13,514,100 | $749,500 | $900,940 |
| 48105 | Ann Arbor, MI 48105 | 8.1 mi | 66 | $58,761,318 | $660,000 | $890,323 |
| 48381 | Milford, MI 48381 | 8.9 mi | 82 | $50,957,096 | $575,000 | $621,428 |
| 48114 | Brighton, MI 48114 | 9.7 mi | 39 | $21,968,115 | $532,613 | $563,285 |
| 48377 | Novi, MI 48377 | 10.6 mi | 20 | $10,065,740 | $368,750 | $503,287 |
| 48390 | Walled Lake, MI 48390 | 12.1 mi | 76 | $30,041,736 | $339,900 | $395,286 |
| 48104 | Ann Arbor, MI 48104 | 12.8 mi | 77 | $61,461,246 | $399,000 | $798,198 |
| 48335 | Farmington, MI 48335 | 13.4 mi | 28 | $10,743,124 | $344,900 | $383,683 |
| 48130 | Dexter, MI 48130 | 13.7 mi | 33 | $24,420,660 | $619,419 | $740,020 |
| 48353 | Hartland, MI 48353 | 14.3 mi | 10 | $5,585,140 | $592,400 | $558,514 |
As of January 2026, there are 126 active listings in SOUTH LYON, MI (zip code 48178), compared to 121 the prior year.
The median listing price in SOUTH LYON, MI 48178 is $469,990 as of January 2026, a 19.7% decrease from $584,975 the prior year.
Homes in SOUTH LYON, MI 48178 spend an average of 72 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SOUTH LYON, MI 48178 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in SOUTH LYON, MI 48178 save an estimated $9,400 compared to a typical 5% commission on the median listing price of $469,990. 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.