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ZIP 48178 in South Lyon, MI: housing market trends

The median home sale price in ZIP 48178 in South Lyon, MI was $551,338 for the three-month period ending September 2026. Sale prices were 1.5% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$551,338
three-month period ending September 2026
Median sale price per sq ft
$177.51
three-month period ending September 2026
Active listings
321
three-month period ending September 2026
Typical monthly rent
$1,610
Rent index · August 2026

How is housing inventory changing?

There were 321 active listings for the three-month period ending September 2026. Active listings were 9.9% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 32 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48178 in South Lyon, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$551,338$177.51179
Single-familySeptember 2026$636,339$199.41131
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$178,995$128.5849
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48178 in South Lyon, MI
MarketMedian sale priceReporting period / source
South Lyon, MI$319,0983 months ending September 2026 · Redfin
New Hudson, MI$469,000Month ending July 2026 · Zillow
Whitmore Lake, MI$347,3353 months ending September 2026 · Redfin
Wixom, MI$364,8263 months ending September 2026 · Redfin
Northville, MI$599,000Month ending July 2026 · Zillow
Brighton, MI$464,900Month ending July 2026 · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48178 in South Lyon, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$551,338$177.51321
August 2026$567,000$202.32355
July 2026$553,251$204.70355
June 2026$499,900$195.19336
May 2026$435,600$193.59302
April 2026$395,000$183.21276
March 2026$417,500$180.44225
February 2026$440,000$182.85201
January 2026$500,000$204.11208
December 2025$484,500$197.81229
November 2025$464,500$208.68261
October 2025$507,500$201.22273
September 2025$560,000$209.70292
August 2025$560,000$200.61318
July 2025$560,000$206.48343
June 2025$579,990$204.35326
May 2025$560,000$204.01284
April 2025$520,000$195.56257
March 2025$440,000$186.24215
February 2025$452,500$189.87204
January 2025$455,000$192.31200
December 2024$490,000$202.57214
November 2024$525,060$201.89240
October 2024$533,566$203.84262

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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