$1,364 Closing Credit*
$114,900
704 SqFt
1 Bed
•1 Full Bath
Mary A Niewenhuis, Listing Office: Five Star Real Estate (Grandv)
Is Lyons, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lyons was a Seller's Market.
Key Takeaway
Lyons is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lyons, MI
How much do homes in Lyons, MI cost?
Median Sold Price
$172,000
$109/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$87,000(+102.4%)
Key Takeaway
Homes in Lyons have sold for 102.4% more than they did a month ago.
Summary: The median home sold price in Lyons was $172,000 in October 2024, up 102.4% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $85K | - | N/A |
| 4 Bedrooms | $85K | $172K | +102.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Lyons housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 102.4%, and 5+ bedroom homes did not change.
Housing Supply in Lyons, MI
How many homes are available in Lyons, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Lyons real estate market had 8 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lyons housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyons, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lyons in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lyons, MI
How long does it take to sell a home in Lyons, MI?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 22 Days | -73.6% |
Summary: Homes in Lyons had an average of 22 days on market in Oct 2024, down by 73.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyons are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Lyons; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
