Market Overview
Home Prices in Lyons, MI
The median home value in Lyons, MI is $267,647 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.8% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lyons are priced35% below average. Lyons is part of the Grand Rapids-Kentwood, MI metro area.
Over the past five years, Lyons home values have risen by approximately24.8%, reflecting strong long-term appreciation in this market.
Price History
Lyons Home Price Trend
City Comparison
Lyons vs. National Median
At $267,647, homes in Lyons cost 35% below the national median of $410,000. This makes Lyons a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lyons?
20% Down Payment
$53,529
on $267,647
Monthly P&I
$1,396/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,773/mo
incl. taxes & insurance
Income Needed
$70,920
gross annual (30% rule)
10% Down Option
$26,765
+ PMI applies
Loan Amount (20% dn)
$214,118
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lyons, MI?
The median home value in Lyons is $267,647 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.8% year-over-year.
How much have home prices changed in Lyons?
Over the past year, home values in Lyons have increased by 9.8%. Over five years, prices have risen approximately 24.8%.
How much do I need to earn to buy a home in Lyons?
To comfortably afford the median home price of $267,647 with a 20% down payment ($53,529) at today's rates (6.8%), you'd need a gross annual income of approximately $70,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Lyons compare to the national average home price?
The national median home value is approximately $410,000. At $267,647, homes in Lyons are 35% below the national average.
What metro area is Lyons part of?
Lyons is part of the Grand Rapids-Kentwood, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.