All Countries
South Lyon, MI
Full City Profile · Michigan · Livingston County County
3.7
/5.0
B+
Good
11,825
Population
3,162/sq mi density
$83,822
Median Income
$50,353 per capita
$280,900
Home Value
$459,087 Zillow
$1,208
Median Rent
32.2% income on rent
47°F
Avg Temperature
260 sunny days/yr
50
Violent Crime/100K
277 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$83,822 median income, 2.6% unemployment
A+
Affordability
4.8 / 5.0
$280,900 home value, $1,208/mo rent
F
Safety
1.0 / 5.0
50 violent crimes/100K
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher
Housing Overview
Median Home Value
$280,900
0% below
US avg: $281,900
Median Rent
$1,208/mo
4% above
US avg: $1,163/mo
Homeownership Rate
79.6%
22% above US avg (65.4%)
Total Housing Units
5,226
Median year built: 1991
Home Value by Source
Census Median
$280,900
Zillow (ZHVI)
$459,087
Median Sale Price
$340,000
Median List Price
$366,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.6%
Owner-Occupied
20.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,208/mo
Market Indicators (Redfin)
Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
20.5%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
39
homes for sale
Affordability & Housing Stock
Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
79.6%
Complete Housing Data
Home Values
| Census Median Value | $280,900 |
| Zillow Home Value (ZHVI) | $459,087 |
| Median Sale Price | $340,000 |
| Median List Price | $366,950 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $1,208 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 94 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.5% |
| Homes Sold | 13 |
| Active Inventory | 39 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 79.6% |
| Renter-Occupied | 20.4% |
| Homeownership Rate | 79.6% |
| Total Housing Units | 5,226 |
| Median Year Built | 1991 |
| Rent Burden | 32.2% |