South Lyon (48178) has an estimated 29,320 residents with 29,218 of those people in approximately 11,014 housing units. The 48178 zipcode contains 7,428 housing units that are owned with a mortgage or a loan, 2,250 housing units that are owned free and clear and 1,336 housing units that are renter occupied.

In South Lyon (48178) the median listing price of $397,242 has dropped by $758 since 2018-10.

In 2018 the average percentage drop was 2.65% of original listing price.

Zip code 48178 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in South Lyon, MI (48178) is $329,200 as of 2018-10-31

In South Lyon, MI (48178), values have dropped by -0.01 from when they peaked at $333,400 in 2018-Q3

The Zillow Market Health Index for South Lyon, MI (48178) is 4.18. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is lower than the overall Market Health Index of Detroit-Warren-Dearborn.