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South Lyon - Town vs. County Stats
Avg Price in South Lyon: $357,200 / County Avg $501,000
Avg Taxes in South Lyon: $3,000 / County Avg $5,400
Avg Sq. Ft. in South Lyon: 2,322 / County Avg 2,464
Avg Price per/ft2 in South Lyon: $154 / County Avg $203
Avg Walkscore in South Lyon: 23 / County Avg 29
Avg Year Built in South Lyon: 1999 / County Avg 1977
Avg Days on Website in South Lyon: 70 / County Avg 69
South Lyon Real Estate Market Health
South Lyon was founded in 1832 and was called Thompson's Corners. In the same year, the surrounding township was named Lyon for Lucius Lyon, a member of the State Legislature. The village was given a name for its location within the township. South Lyon was incorporated as a village in 1873 and as a city in 1930
Three rail lines once passed through South Lyon. In the summer of 1871, the Detroit, Lansing and Northern was built west from Plymouth on the way to Lansing and Ionia. In 1880, the predecessor to the Ann Arbor Railroad built a line into town from Ann Arbor. The goal of this line was to continue on towards Pontiac but that did not occur under the original owners. The line was pulled up around 1890. In 1883 the Grand Trunk built their Jackson Branch from Pontiac to Jackson, which crossed the Pere Marquette at South Lyon. The GTW branch line continued to serve South Lyon until the early 1980s. The branch line is now a paved bicycle trail through town and Reynold Sweet Parkway follows the original route. Today, South Lyon hosts the CSX main line from Detroit to Grand Rapids, and a passing track is located there.