48178 Home Values & Market Trends

There are 659 homes currently listed for 48178. 48178 real estate market trends show that home prices range from $79,900 to $5,950,000, and the median sales price in the 48178 zip code is $530,000. The total number of properties sold within the past twelve months is 527. In 48178, 7 properties are in foreclosure, 1 are bank owned properties,and 6 are headed for auction.

Housing Market Summary for 48178

Sep 2025September 2026Change
Median Listing Price$550K$560K1.81%
Median Sold Price$524.2K$462.4K-11.78%
Homes For Sale44065348.41%
Homes Sold373200-46.38%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48178

The median list price of a home in South Lyon, is $530,000. A total of 659 properties are for sale, and the percentage of properties for sale in the zip code is 659.00%. The total count of 48178 properties is 868.

Foreclosure
There is 1 cities within 48178; within this cities, the median estimated home value for homes in foreclosure ranges from $677,908 in south lyon to the lowest value of $143,451 in south lyon. Foreclosure homes account for 0.00% of properties in 48178 with south lyon containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48178 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48178; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48178 ranges from the highest value of $530,000 in south lyon to the lowest value of $530,000 in south lyon. Bank owned homes and properties account for 0.12% of properties in 48178. There is 1 cities within 48178; south lyon containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    south lyon has 6 auction properties, the highest number of properties going to auction in a single city in the state of 48178. Auction homes and other auction properties account for 0.69% of all properties in 48178. There is 1 cities within 48178; of that cities, the median estimated home value for homes going to auction ranges from $677,908 in south lyon to the lowest value of $143,451 in south lyon.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.92% of residential properties in 48178 with south lyon containing 659 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48178; homes for sale in that cities, have a range of median values from $7,714,263 in south lyon to the lowest value of $69,900 in south lyon.
    Sold Homes
    The median value for recently sold homes ranges from $2,024,367 in south lyon to the lowest price of $15,116 in south lyon. There is 1 cities within 48178. south lyon has 195 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 22.47% of properties in 48178.

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      Guide for 48178

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.