foreclosure.com

Bankruptcy Homes in South Lyon, MI 48178

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 30

South Lyon, MI Foreclosures

How much do homes sell for in South Lyon, MI?
The average home price is currently $506,252.
In South Lyon, MI, how many homes are available?
There are currently 30 active home listings available in South Lyon.
What’s the average rental cost in South Lyon, MI?
The average rental price in South Lyon is $1,926.
What is the most expensive home in South Lyon?
The most expensive home sold in South Lyon had a price of $5,376,000.
What is currently the cheapest priced home in South Lyon, MI?
The cheapest home for sale in South Lyon is priced at $18,659.

Living in South Lyon, MI

South Lyon, located in southeast Michigan, is a charming city that blends small-town charm with modern conveniences. Known for its vibrant downtown area, family-friendly parks, and excellent schools, South Lyon offers a welcoming community atmosphere. With easy access to major highways, residents enjoy a balanced lifestyle that combines outdoor activities with urban amenities.

Current Market Conditions in South Lyon, MI

The real estate market in South Lyon has shown steady growth over recent months, driven by favorable interest rates and a strong demand for family homes. With the current mix of affordable listings and a limited number of properties, buyers are encouraged to act quickly to secure a home in this desirable area.

Home values have been appreciating slowly, and with a mix of new constructions and established neighborhoods, the community continues to attract both first-time buyers and investors. The competition remains strong, specifically for entry-level homes which are typically in high demand.

Home Value Estimator For South Lyon, MI

There are currently 11,840 real estate properties in South Lyon, MI, with a median automated valuation model (AVM) price of $491,341.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in South Lyon, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in South Lyon, MI, is $506,252.00, with the most expensive house in South Lyon, MI, topping out at $5,376,000.00 and the cheapest home in South Lyon, MI, clocking in at $18,659.00. In other words, there’s something for every potential homebuyer or savvy investor in South Lyon, MI!

Rent Prices In South Lyon, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in South Lyon, MI, is on a rollercoaster ride. The average rent price in South Lyon, MI, is $1,926.00. Indeed, when looking to rent in South Lyon, MI, you can expect to pay as little as $530.00 or as much as $2,920.00, with the average rent median estimated to be $2,020.00. The good news is that finding an affordable and desirable property to rent in South Lyon, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

South Lyon, MI 48178 Bankruptcy Homes

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.