Lyons, MI 48851 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lyons, MI—48851

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$235,000

5.8% YoY Growth

Household Income

$64,300

10.4% YoY Growth

Days on Market

40.0% Longer YoY

Home Price Forecast

2.9%

Median Rent

$1,050

2.7% YoY Growth

1-Bed Rent

$1,050

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lyons, MI

As of Dec '25, the median home price in Lyons, MI is $235,000, with a year-over-year change of 5.8%. This indicates that home prices in Lyons, MI are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$235,000	5.8%
Single Family	$234,000	6.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lyons, MI

As of July '25, Rentcast reports the average rent in Lyons, MI is $1,070, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Lyons, MI is 1-bedrooms: $1,070. The most common rental property sizes in Lyons, MI are 3-bedroom and 2-bedroom, accounting for 61.8% and 27.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,050	$1,070
Studio Rent	N/A	N/A
1 Bed Rent	$1,050	$1,070
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

7.4%

2 Bedrooms

27.9%

3 Bedrooms

61.8%

4 Bedrooms

2.9%

Property Listings — Lyons, MI

As of Dec '25, Realtor.com reports that the median days on market for a home in Lyons, MI is 76. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$327,000	60.0%
Listing Count	7	53.0%
Listings as % of Homes	0.4%	53.0%
Days on Market	67	40.0%

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Demographics — Lyons, MI

As of the latest ACS Survey released in 2023, Lyons, MI has a population of 2,310, which has increased by 7.6% over the past 5 years. Lyons, MI is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,310	7.6%
% Under 18	21.2%	-12.0%
% Seniors	19.3%	8.4%
% WFH	12.2%	1,009.1%
% w/ College Degree	14.6%	-7.6%

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As of the latest ACS Survey released in 2023, Lyons, MI is a predominantly white area, with 89.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Lyons, MI is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.3% of the population in Lyons, MI, and this percentage has increased by 116.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	89.4%	-3.7%
% Black	0.3%	0.0%
% Hispanic	4.8%	33.3%
% Asian	0.1%	-87.5%
% Foreign Born	1.3%	116.7%

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Mortgage and Risk — Lyons, MI

According to HUD data as of 2023, there were 61 mortgage originations in Lyons, MI, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Lyons, MI. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	61
% Conventional Loans	80.0%
% Government Loans	20.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Lyons, MI

Lyons, MI lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$180	$1,050	$870
2 Bedroom	N/A	N/A	$1,140
3 Bedroom	N/A	N/A	$1,390
4 Bedroom	N/A	N/A	$1,720

Lyons, MI—48851

Key Metrics at a Glance

Home Price Trends — Lyons, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lyons, MI

% of Rental Stock

Property Listings — Lyons, MI

Demographics — Lyons, MI

Race and Ethnicity

Mortgage and Risk — Lyons, MI

Mortgages

Rentals and Section 8 — Lyons, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lyons, MI

Home Price to Income Ratio

Lyons, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Portland, MI

Muir, MI

Pewamo, MI

Ionia, MI

Westphalia, MI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$235,000
Median Household Income	$64,300

Lyons, MI—48851

Key Metrics at a Glance

Home Price Trends — Lyons, MI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lyons, MI

% of Rental Stock

Property Listings — Lyons, MI

Demographics — Lyons, MI

Race and Ethnicity

Mortgage and Risk — Lyons, MI

Mortgages

Rentals and Section 8 — Lyons, MI

Section 8 Market Size

Section 8 Opportunity

Affordability — Lyons, MI

Home Price to Income Ratio

Lyons, MI — ZIP Code Boundary Map

Nearby ZIP Codes

Portland, MI

Muir, MI

Pewamo, MI

Ionia, MI

Westphalia, MI

Frequently Asked Questions

What is the average home price in Lyons, MI 48851?

How have home prices in Lyons, MI 48851 changed over the past year?

What is the home price projection for Lyons, MI 48851?

What are the demographics of Lyons, MI 48851?

How long does it take homes to sell in Lyons, MI 48851?

What is the average rent price in Lyons, MI 48851?