Property prices for sale in South Lyon (Michigan)

The prices in real estate in South Lyon, in the Michigan region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$476,268.17
Average price last 6 months
$188.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in South Lyon has increased during the last 6 months. In March, the average price per sq.feet was $180. In April this price pretty much remained the same at a value of $181 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $180.5 to $184 per sq.feet. The price per sq.feet has increased 110 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $182.25 to $201 during July, and August.

Average price

Based upon to the price in South Lyon (cities), this has gone up considerably in the last 6 months. The price in March is $411,234, rising in April till $442,516. During the following two months (May, June) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $506,636 they are 87 % more affordable than the average price for South Lyon. The properties with the highest average price have 4 bedrooms, Their price is 18 % more costly than the average. After that we have properties with 3 bedrooms priced at $474,739.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $85 / sq.feet, with an average $209 / sq.feet price in South Lyon. The properties with the lowest average prices have 3 bedrooms. They are 11 % cheaper than the average followed by properties with 4 bedrooms with a price at $160 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $506,636 it is 81 % cheaper than the average price in South Lyon. "Commercial Property" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $496,454 it is 15 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $95 / sq.feet followed by "Commercial Property" priced at $107 / sq.feet. "House" is the cheapest type of property with a $167 / sq.feet value followed by "Townhouse" with an average price of $139 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in South Lyon
Number of properties used in region Michigan
$506,636
$209
1,254
242,924
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In South Lyon, Mi. 2 Bed, 2 Bath
 21
Brand New Home In South Lyon, Mi. 2 Bed, 2 Bath
$579,995
South Lyon, Michigan - For Sale - House - 1,980 sq.feet - 2 bedrooms - 3 bathrooms
And is located in the community of the lyon preserve at 57949 stoneleigh dr, south lyon, mi-48178. Hot home: new luxury home in south lyon - first-floor primary bedroom...
2 Bed, 2 Bath New Home Plan In South Lyon, Mi
 24
2 Bed, 2 Bath New Home Plan In South Lyon, Mi
$522,995
South Lyon, Michigan - For Sale - House - 1,980 sq.feet - 2 bedrooms - 3 bathrooms
This to-be-built home is the westwood plan by toll brothers, and is located in the community of the lyon preserve. Special offer!: discover the difference. Toll brothers...
2 Bed, 2 Bath New Home Plan In South Lyon, Mi
 35
2 Bed, 2 Bath New Home Plan In South Lyon, Mi
$532,995
South Lyon, Michigan - For Sale - House - 1,818 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the berks plan by toll brothers, and is located in the community of the lyon preserve. Special offer!: discover the difference. Toll brothers...
2 Bed, 2 Bath New Home Plan In South Lyon, Mi
 25
2 Bed, 2 Bath New Home Plan In South Lyon, Mi
$522,995
South Lyon, Michigan - For Sale - House - 1,871 sq.feet - 2 bedrooms - 2 bathrooms
This to-be-built home is the farrell plan by toll brothers, and is located in the community of the lyon preserve. Special offer!: discover the difference. Toll brothers...
3 Bed, 3 Bath New Home Plan In South Lyon, Mi
 32
3 Bed, 3 Bath New Home Plan In South Lyon, Mi
$569,995
South Lyon, Michigan - For Sale - House - 2,428 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the waltham plan by toll brothers, and is located in the community of the lyon preserve. Special offer!: discover the difference. Toll brothers...