Welcome to South Lyon!
A secluded residential community South Lyon offers the best of city and rural life. The downtown area offers a number of iconic shops and restaurants. It is known for its historic and charming downtown, annual festivals (including the perennial favorite Pumpkinfest in the fall), top-notch parks, and excellent schools.
The city offers an unparalleled quality of life. A paved bike path, the Huron Valley Trail passes through the city as it follows the route of a defunct rail line. South Lyon’s utility systems serve residents and businesses, an important feature that is not available in surrounding areas. The housing options here vary from moderate to higher-end. In conclusion there are many reasons South Lyon is a desirable area to live.
Lastly, don’t forget to use our map feature to search for properties in South Lyon.
Visit the official website here.
South Lyon Market Stats
This graph displays in the last year, how many closed sales, pending sales and new listings on a month by month basis. (Note: It is typical to see seasonal fluctuation where the trend is going up in Spring and Summer and going down in Fall and Winter.)
This graph displays the monthly trend of median sale price over the last 2 years in a given area.
This graph displays the ratio between sale price and list price. Generally speaking, when the ratio is 95% or higher we are in a strong seller’s market; when it’s at 95% or less, the market is softening up and could be a buyer’s market.
This graph displays two key components of the selling process. Days to contract measures how long it takes to market a home and receive an offer. This indicator measures how hot or cool the market is. Days to settle measures how long is it taking buyers to get mortgage commitment. This indicator measures how strict or lose the lenders generally are in underwriting mortgage loans.
This graph displays the median price per square foot of all homes recently SOLD, pending, and currently listed.
Data provided by Greatschools.org