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MI area data

South lyon, MI

South lyon, MI.

Population: 37,789 (Census ACS)

Home values & appreciation

Median home value
$478,510
1-year appreciation
+2.5%
3-year appreciation
+11.7%
5-year appreciation
+24.7%
10-year appreciation
+65.0%
All-time peak (2026-03)
$478,991
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$550,000
Median list price
$599,950
Median days on market
20 days
Sale-to-list ratio
100.2%
Active listings
77
1-year forecast
+1.4%
Days to pending
28 days
New listings (monthly)
68

Rents

Typical rent
$1,625/mo
1BR fair-market rent
$1,190/mo
3BR fair-market rent
$1,840/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
11
Elementary schools
6
Middle schools
2
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, iceStorm, strongWind, tornado, heatWave
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
48.0°F
Average high
58.0°F
Average low
37.0°F
Annual precipitation
36.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
193
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
10.2 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
River Raisin National Battlefield Park (39 mi)
Nearest airport
Oakland Southwest Airport (4 mi)
Nearest major airport
Willow Run Airport (YIP) (16 mi)
Hospitals nearby (~15 mi)
11
Avg hospital rating
2.8 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-3,502 tax filers

Housing stock

Median year housing built
1,996
Median annual property tax
$4,801
Mean commute to work
25 min
Households with broadband internet
86.8%

Employment & development

Total county employment
680,690
Average weekly wage
$1,465
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
1,342

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents