2025 Compare Cities Housing:
South Lyon, MI vs Novi, MI

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Highlights
- The median age of a home in South Lyon is 3.3% older than the median age of a home in Novi.
 South Lyon, MINovi, MIUnited States
 Median Home Age30  Unlock42
 Median Home Cost  Unlock$417,500$338,100
 Home Appr. Last 12 months13.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.8%57.0%
 Home Appr. Last 10 yrs.109.8%  Unlock101.1%
 Property Tax Rate  Unlock$15.4$11.0
 Homes Owned82.0%  Unlock57.4%
 Housing Vacant  Unlock4.8%11.2%
 Homes Rented16.1%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 South Lyon, MINovi, MIUnited States
 Average Rent  Unlock$2,010$1,840
 Studio Apartment$930  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,280$1,180
 2 Bedroom Home or Apartment$1,330  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,030$1,860
 4 Bedroom Home or Apartment$1,790  Unlock$2,160
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 Vacant Housing
 South Lyon, MINovi, MIUnited States
 Vacant For Rent  Unlock2.4%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other1.0%  Unlock4.1%
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 Owner-Occupied Housing Value
 South Lyon, MINovi, MIUnited States
 Less Than $20,000  Unlock4.8%2.6%
 $20,000 to $39,9990.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.6%2.8%
 $60,000 to $79,9993.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.8%4.5%
 $100,000 to $149,99911.2%  Unlock11.3%
 $150,000 to $199,999  Unlock7.9%13.0%
 $200,000 to $299,99926.6%  Unlock20.1%
 $300,000 to $399,999  Unlock21.5%13.6%
 $400,000 to $499,9997.1%  Unlock8.3%
 $500,000 to $749,999  Unlock16.8%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.4%1.1%
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 Housing Units By Year Built
 South Lyon, MINovi, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock18.5%13.6%
 2000 to 200916.3%  Unlock13.6%
 1990 to 1999  Unlock23.9%13.6%
 1980 to 198913.7%  Unlock13.2%
 1970 to 1979  Unlock18.8%14.8%
 1960 to 196935.2%  Unlock13.6%
 1950 to 1959  Unlock3.3%10.0%
 1940 to 19491.3%  Unlock4.7%
 1939 or Earlier  Unlock1.4%12.2%
Reviews for South Lyon    4 Reviews

Michigan is a beautiful state with great parks and fantastic lakes. Surrounded on three sides by water and with consistent precipitation year-round, there is potential  More

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Over 15 years ago

This fall has been beautiful with lots of sun, Fall in SE Michigan is beautiful in general, it is one of the things I love the most about living here. Winter isn't so  More

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We are looking to move because although you get 4 seasons here, the winter is too long and weather tends to be extreme. I took a college class which confimed that the  More

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Reviews for Novi    5 Reviews

Over 15 years ago

We moved in here in Dec'06 and bought a nice villa condo in Island Lake of Novi. It is a nice sub and enjoy living here. There are nice shopping and recreation  More

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Over 16 years ago

Spring is beautiful, mild days, cool nights; Summer can be mild to very hot with moderate to high humidity; Autumn is mild usually until the end of October; Winters can  More

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Overall, Novi is a great place for those who are looking for a city that has the advantages of a very big city (good night life, many restaurants/coffee shops/ect.,  More

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