Livonia, MI is a great place to live, with housing prices just below the US median. The median value of houses in Livonia is $259,800, making it an affordable option for homebuyers. In addition, the appreciation of homes in Livonia has been slightly higher than the national average over the past year, at 8.47%. This makes Livonia an excellent choice for those looking to invest in property – with relatively low entry costs and steady appreciation potential.
The median home cost in Livonia is $259,800. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Livonia is up 13.1%.
Average Age of Homes
- The median age of Livonia real estate is 53 years old
The Rental Market in Livonia
- Renters make up 14.5% of the Livonia population
- 0.6% of houses and apartments in Livonia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.