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New Construction Homes Under $500K in South Lyon, MI

46 Homes

Explore more options within Oakland County, MI See all Homes

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Check out our top recommendations

From $493,900

4 Br | 2.5 Ba | 2 Gr | 2,220 sq ft

Westford | South Lyon, MI

Singh Homes

From $524,900

4 Br | 2.5 Ba | 2 Gr | 2,332 sq ft

Addison | South Lyon, MI

Singh Homes

From $493,900

4 Br | 2.5 Ba | 2 Gr | 2,220 sq ft

Westford | South Lyon, MI

Singh Homes

From $524,900

4 Br | 2.5 Ba | 2 Gr | 2,332 sq ft

Addison | South Lyon, MI

Singh Homes

From $534,990

2 Br | 2 Ba | 2 Gr | 1,877 sq ft Hot Deal

Bedrock | South Lyon, MI

Pulte Homes

3.8

Under Construction

From $486,990

3 Br | 2.5 Ba | 2 Gr | 2,097 sq ft

1460 Arcadia Drive. Milford, MI 48381

Pulte Homes

3.8

From $366,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Ashton | Milford, MI

Pulte Homes

3.8

From $396,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Cascade with Basement | Milford, MI

Pulte Homes

3.8

From $361,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Cascade | Milford, MI

Pulte Homes

3.8

From $404,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Bowman with Basement | Milford, MI

Pulte Homes

3.8

From $369,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Bowman | Milford, MI

Pulte Homes

3.8

From $401,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Ashton with Basement | Milford, MI

Pulte Homes

3.8

Under Construction

From $471,990

3 Br | 2.5 Ba | 2 Gr | 1,993 sq ft

1428 Arcadia Drive. Milford, MI 48381

Pulte Homes

3.8

Under Construction

From $498,990

3 Br | 2.5 Ba | 2 Gr | 1,983 sq ft

1452 Arcadia Drive. Milford, MI 48381

Pulte Homes

3.8

Under Construction

From $506,990

3 Br | 2.5 Ba | 2 Gr | 1,983 sq ft

1444 Arcadia Drive. Milford, MI 48381

Pulte Homes

3.8

Under Construction

From $488,990

3 Br | 2.5 Ba | 2 Gr | 2,083 sq ft

1448 Arcadia Drive. Milford, MI 48381

Pulte Homes

3.8

From $498,990

3 Br | 2 Ba | 2 Gr | 2,506 sq ft

Mercer | Milford, MI

Pulte Homes

3.8

From $523,990

4 Br | 2.5 Ba | 2 Gr | 3,008 sq ft

Continental | Milford, MI

Pulte Homes

3.8

From $488,990

3 Br | 2.5 Ba | 2 Gr | 2,391 sq ft

Newberry | Milford, MI

Pulte Homes

3.8

From $496,990

2 Br | 2.5 Ba | 2 Gr | 2,026 sq ft Hot Deal

Prestige | Milford, MI

Del Webb

4.0

From $481,990

2 Br | 2 Ba | 2 Gr | 1,841 sq ft Hot Deal

Mystique | Milford, MI

Del Webb

4.0

From $386,990

2 Br | 2 Ba | 2 Gr | 1,502 sq ft Hot Deal

Vista | Milford, MI

Del Webb

4.0

From $426,990

2 Br | 2 Ba | 2 Gr | 1,502 sq ft Hot Deal

Vista with Basement | Milford, MI

Del Webb

4.0

From $486,990

2 Br | 2 Ba | 2 Gr | 1,892 sq ft Hot Deal

Palmary | Milford, MI

Del Webb

4.0

From $396,990

2 Br | 2 Ba | 2 Gr | 1,595 sq ft Hot Deal

Mirage | Milford, MI

Del Webb

4.0

From $436,990

2 Br | 2 Ba | 2 Gr | 1,595 sq ft Hot Deal

Mirage with Basement | Milford, MI

Del Webb

4.0

From $516,990

2 Br | 2 Ba | 2 Gr | 1,646 sq ft Hot Deal

Prosperity with Basement | Milford, MI

Del Webb

4.0

From $531,990

2 Br | 2 Ba | 2 Gr | 1,841 sq ft Hot Deal

Mystique with Basement | Milford, MI

Del Webb

4.0

From $391,990

2 Br | 2 Ba | 2 Gr | 1,503 sq ft Hot Deal

Meadow | Milford, MI

Del Webb

4.0

From $466,990

2 Br | 2 Ba | 2 Gr | 1,646 sq ft Hot Deal

Prosperity | Milford, MI

Del Webb

4.0

From $431,990

2 Br | 2 Ba | 2 Gr | 1,503 sq ft Hot Deal

Meadow with Basement | Milford, MI

Del Webb

4.0

Under Construction

From $496,990

3 Br | 2.5 Ba | 2 Gr | 2,083 sq ft

39957 Premier Drive. Plymouth, MI 48170

Pulte Homes

3.8

From $496,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Bowman | Plymouth, MI

Pulte Homes

3.8

From $474,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Cascade with Basement | Commerce Township, MI

Pulte Homes

3.8

From $439,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Cascade | Commerce Township, MI

Pulte Homes

3.8

From $457,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

Ashton | Commerce Township, MI

Pulte Homes

3.8

Move-In Ready

From $474,990

3 Br | 2.5 Ba | 2 Gr | 1,983 sq ft

23100 Addison Circle. Commerce Township, MI 48390

Pulte Homes

3.8

Under Construction

From $487,990

3 Br | 2.5 Ba | 2 Gr | 1,883 sq ft

1151 Addison Circle. Commerce Township, MI 48390

Pulte Homes

3.8

Under Construction

From $494,990

3 Br | 2.5 Ba | 2 Gr | 1,983 sq ft

524 Addison Circle. Commerce Township, MI 48390

Pulte Homes

3.8

Under Construction

From $474,990

3 Br | 2.5 Ba | 2 Gr | 1,983 sq ft

525 Addison Circle. Commerce Township, MI 48390

Pulte Homes

3.8

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Market Snapshot

Newest Home Developments in South Lyon

CommunityPriced From
Woodlands of Lyon$ 554,990
Turtle Creek$ 534,990
Charleston Park II$ 493,900
Charleston Park$ 493,900

Top Home Builders in South Lyon

BuilderHomesAverage Price
Healy Homes136$554,560
Singh Homes19$553,478
Pulte Homes93$560,927

South Lyon features many of the best homes builders and new construction home designs in Michigan. Finding relatively lower priced homes has become increasingly difficult. The cost of new construction in South Lyon has increased substantially. Despite the rising trend of housing prices, it is still possible to design and build an affordable home in the South Lyon area. In fact, there are 495 new homes for sale in South Lyon with a good selection of cheaper homes starting at under $500K.

How to Find Homes in South Lyon, MI for Less than $500K?

Builders see the growing demand for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders use value engineering techniques to reduce the cost of construction and keep prices increasing too much. Smaller lots, standard-sized materials, and evening the pace of building can help deliver high-value for the cost. The results are delivering similar quality at lower prices.