The housing market in Lyons township, MI is quite robust, with a median home value of $176,100. This is significantly lower than the US median home value of $338,100. However, the 1 year appreciation rate for homes in Lyons township was 8.98%, which is higher than the national average of 8.27%. This indicates that the housing market in Lyons township is growing faster than other parts of the country, making it an attractive place to buy a home.
The median home cost in Lyons township is $176,100. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Lyons township is up 12.2%.
Average Age of Homes
- The median age of Lyons township real estate is 43 years old
The Rental Market in Lyons township
- Renters make up 13.9% of the Lyons township population
- 0.5% of houses and apartments in Lyons township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.