Median Home Price in South Lyon, MI

The median home value in South Lyon, MI is $474,745, up 2.79% from a year earlier.

View South Lyon on the interactive city map →

City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$474,745

Year-over-Year

+2.79%

Population

12,010

Home value history

The typical home value increased by 0.1%, from $474,182 in May 2026 to $474,745 in Sep 2026.

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

South Lyon, MI monthly home value history
Month	Typical home value	Year-over-year change
May 2026	$474,182	+3.0%
Jun 2026	$480,620	+2.6%
Jul 2026	$480,162	+2.5%
Aug 2026	$474,753	+2.6%
Sep 2026	$474,745	+2.8%

South Lyon ranks #12 of 131 Michigan cities tracked here by median home value, and sits 83.0% above the state's city median of $259,462. It sits in Oakland County, where the county-wide median is $365,826.

Housing affordability in South Lyon

Median household income in South Lyon is $92,467, so the typical home value is about 5.1× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in South Lyon

South Lyon police recorded a violent crime rate of 58 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 291 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about South Lyon

What is the average home price in South Lyon, MI?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In South Lyon, that value is $474,745. That's up 2.79% from a year earlier. It is about 83.0% above the typical Michigan city tracked here.

Is South Lyon expensive compared to the surrounding area?

Homes in South Lyon are more expensive than Oakland County as a whole, where the median is $365,826 — a difference of about 29.8%.

Is South Lyon affordable?

Median household income here is $92,467, so the typical home value is about 5.1× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is South Lyon a safe place to live?

South Lyon police reported 58 violent crimes per 100,000 residents, covering a population of about 12,010. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.