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Homes Under $400K in South Lyon, MI
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3 bedsNew construction

Homes Under $400K in South Lyon, MI

Homes Under $400K in South Lyon, MI

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24 of 47 Listings
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Homes Under $400K in South Lyon, MI

24 of 47 Listings

Your local brokerage

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Thomas O'Leary

Realty.com

Lic. #6502426559

Call Thomas
  1. 11840 Lexington Drive 2 — photo37Active

    $240,000

    2 bd · 2 ba · 1,880 sqft

    11840 Lexington Drive 2, South Lyon, MI

    Jolie Abreu · Keller Williams Hometowne

  2. 25225 Potomac Drive 8 — photoNew24Active

    $133,000

    2 bd · 2 ba · 1,575 sqft

    25225 Potomac Drive 8, South Lyon, MI

    Timothy Eoll · Majestic Homes Realty

  3. 1092 Paddock Drive — photoNew32Active

    $399,900

    2 bd · 2 ba · 1,647 sqft

    1092 Paddock Drive, South Lyon, MI

  4. 788 Stoney Drive — photoNew29Active

    $364,900

    4 bd · 2 ba · 1,720 sqft

    788 Stoney Drive, South Lyon, MI

  5. 25225 Potomac Drive — photoNew24Active

    $133,000

    2 bd · 2 ba · 875 sqft

    25225 Potomac Drive, South Lyon, MI

  6. 61165 Greenwood Drive — photoPrice Reduced41Active

    $204,900

    2 bd · 2 ba · 1,141 sqft

    61165 Greenwood Drive, South Lyon, MI

  7. 229 Brookwood Drive — photo29Active

    $168,900

    1 bd · 1 ba · 716 sqft

    229 Brookwood Drive, South Lyon, MI

  8. 11840 Lexington Drive — photo37Active

    $240,000

    2 bd · 2 ba · 980 sqft

    11840 Lexington Drive, South Lyon, MI

  9. 323 E Liberty Street — photo45Active

    $369,999

    3 bd · 2 ba · 1,728 sqft

    323 E Liberty Street, South Lyon, MI

  10. 62072 Yorktown - Unit 4 — photo33Active

    $134,900

    2 bd · 2 ba · 900 sqft

    62072 Yorktown - Unit 4, South Lyon, MI

    Nancy J Rademacher · KW Professionals Brighton

  11. 317 Hampton Court — photo36Active

    $220,317

    2 bd · 2 ba · 1,112 sqft

    317 Hampton Court, South Lyon, MI

    Dennis Tallon · Real Estate One-Commerce

  12. 25142 Franklin Terrace — photoPrice Reduced21Active

    $74,500

    1 bd · 1 ba · 718 sqft

    25142 Franklin Terrace, South Lyon, MI

    Lisa A Prochazka · Real Estate One-Brighton

  13. 26945 W Milford Road — photo27Active

    $85,000

    1 bd · 1 ba · 700 sqft

    26945 W Milford Road, South Lyon, MI

    Terry L Whitfield · National Realty Centers, Inc

  14. 25219 Potomac Drive — photoPrice Reduced34Active

    $85,000

    2 bd · 2 ba · 760 sqft

    25219 Potomac Drive, South Lyon, MI

    Jim Shaffer · Good Company

  15. 12486 Cambridge 10 Mile And Rushton — photoPrice Reduced25Active

    $174,900

    2 bd · 2 ba · 918 sqft

    12486 Cambridge 10 Mile And Rushton, South Lyon, MI

    Charles D Apligian · National Realty Centers, Inc

  16. 1111 Fountain View Circle — photo26Active

    $279,900

    3 bd · 3 ba · 1,659 sqft

    1111 Fountain View Circle, South Lyon, MI

    D'Anna Dettore · @properties Christie's Int'l R E Clarkston

  17. 25102 Franklin Terrace — photo35Active

    $75,000

    1 bd · 1 ba · 700 sqft

    25102 Franklin Terrace, South Lyon, MI

    Mark Addy · Social House Real Estate Group LLC

  18. 25107 Hamilton Court — photoPrice Reduced35Active

    $137,900

    2 bd · 1 ba · 900 sqft

    25107 Hamilton Court, South Lyon, MI

    Kimberly A Champe · Real Estate One-Brighton

  19. 25140 Potomac Drive 3 — photoPrice Reduced20Active

    $95,000

    2 bd · 2 ba · 1,149 sqft

    25140 Potomac Drive 3, South Lyon, MI

    Jennifer Richman · Keller Williams Professionals

  20. 380 Walnut Drive — photoPrice Reduced26Active

    $379,000

    2 bd · 2 ba · 1,771 sqft

    380 Walnut Drive, South Lyon, MI

    David Witt · Heritage Real Estate Michigan

  21. 62341 Arlington Circle — photoPrice Reduced24Active

    $149,000

    2 bd · 2 ba · 900 sqft

    62341 Arlington Circle, South Lyon, MI

    Melissa A Socha · Modern Way Realty LLC

  22. 25381 Potomac Drive — photo32Active

    $159,000

    2 bd · 2 ba · 900 sqft

    25381 Potomac Drive, South Lyon, MI

    Mary K Carano · National Realty Centers, Inc

  23. 62401 Raleigh Court — photoPrice Reduced8Active

    $150,000

    2 bd · 2 ba · 900 sqft

    62401 Raleigh Court, South Lyon, MI

    Ann Hernandez · Brookstone, Realtors LLC

  24. 352 Winchester Street — photo39Active

    $350,000

    3 bd · 2 ba · 1,526 sqft

    352 Winchester Street, South Lyon, MI

    Stephen Hohl · KW Professionals Brighton

12

About Homes Under $400K in South Lyon, MI

Homes Under $400K in South Lyon, MI: 47 active listings as of October 4, 2026, 22:10 UTC.

Property types among these 47 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property typeListingsShare
Condominium3983.0%
Single Family Residence510.6%

Explore South Lyon homes

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    Thomas O'Leary

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    South Lyon, MI community profile

    Population
    12,076
    Median income
    $83,397
    Housing units
    5,380
    People per sq. mi.
    237.2
    Area
    50.9 sq. mi.

    Source: HJN community data

    South Lyon housing market

    September 2026 · This period is still settling

    South Lyon 12-month median sale price trend

    Selling at 98.6% of asking price

    Buyers here are paying below asking. MLS · 49 sales · as of Sep 28, 2026

    Homes that sold · County records, as of Sep 15, 2026

    Median sale price
    $540,000$420,000–$755,000 typical range
    Price per sq. ft.
    $282
    Sales
    19
    Paid in cash
    68.4%

    Homes on the market · MLS, as of Sep 27, 2026–Sep 28, 2026

    Median list price
    $547,500
    Homes for sale
    128
    Median days on market
    14 days

    Price trend · Assessor repeat sales, as of Sep 30, 2026

    Year-over-year
    23.8%

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

    Median home size
    2,238 sq. ft.