South Lyon · Oakland County

Colonial Acres condos

Closed-sale statistics for Colonial Acres, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.

Median sale price
$88,650

8 closed sales, 2025-09-01 to 2026-09-01

Median days on market
58
List-to-sale ratio
91.7%
Median association fee
$535/mo

What taxes actually become here

Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $88,650, in South Lyon Community School District at 42.15 homestead mills, the year-two bill is approximately $1,868 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.

Before the mortgage, owning here runs about $691/month in taxes and association fees — the two lines portal estimates most often understate.

How Colonial Acres compares in South Lyon

Of the 6 South Lyon subdivisions and condo projects we publish statistics for, Colonial Acres's $88,650 median ranks 6 of 6 — 39% below the tracked-South Lyon median of $144,250.

Project Median saleSalesYear-2 tax
Lexington Place OCCPN 1743$386,5006$8,145
Southridge Occp 593$171,00016$3,604
Princeton Square OCCPN 1125$117,5006$2,476
Colonial Acres$109,0006$2,297
Colonial Acres$88,6508$1,868

Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.

For sale in Colonial Acres right now

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.

This is the median. Your number depends on the address.

Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.

Get my numbers for an address Affordability calculator

Common questions

What is the median home price in Colonial Acres?

The median closed sale price in Colonial Acres (South Lyon) is $88,650, from 8 sales 2025-09-01 to 2026-09-01.

What will property taxes be after buying in Colonial Acres?

At the median price, taxable value uncaps to roughly $44,325 and the year-two bill in South Lyon Community School District is approximately $1,868 at homestead rates.

What are HOA fees in Colonial Acres?

The median association fee across recent sales is $535 per month.

How does Colonial Acres compare with other South Lyon subdivisions?

Its $88,650 median ranks 6 of 6 South Lyon projects we track — 39% below the tracked-city median of $144,250.

More context: South Lyon property tax rates · school district breakdowns · all calculators