Is Lyons, MI 48851 a buyer’s or seller’s market?

The Lyons housing market right now

In the three months ending August 31, 2026, 25% of homes in Lyons, MI 48851 sold above their list price, the typical home went under contract in 24 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (63 days then) and the median sale price rose 4% to $231,650. Overall, Lyons is more competitive than a year ago, so tougher for buyers.

Within Ionia County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 60%.

Nearby, buyers who want less competition could look at Pewamo 48873 (0% sold over asking) or Hubbardston 48845 (0% sold over asking), while Clarksville 48815 (50% sold over asking) and Lake Odessa 48849 (50% sold over asking) are even more competitive.