Zip 48150 (Livonia, MI) Housing

The housing in 48150 Livonia, MI is very attractive to potential home buyers. The median value for homes in the area is $242,100, which is slightly lower than the US House median value of $338,100. Additionally, the one-year House appreciation rate in Livonia is 8.47% which is higher than the US average of 8.27%. These factors make it an appealing location for those looking to purchase housing in the area.

The median home cost in Livonia (zip 48150) is $242,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Livonia (zip 48150) is up 13.1%.

Average Age of Homes

- The median age of Livonia (zip 48150) real estate is 60 years old

The Rental Market in Livonia (zip 48150)

- Renters make up 14.9% of the Livonia (zip 48150) population
- 0.2% of houses and apartments in Livonia (zip 48150), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Livonia, Michigan	United States
	10,695.0	139,647,020.0
	64	42
	$242,100	$338,100
	13.1%	16.6%
	49.3%	57.0%
	109.8%	101.1%
	$15.97	$10.98
	$2,940	$2,690
	84.7%	57.4%
	2.7%	11.2%
	12.6%	31.4%
Vacant Housing
	0.2%	1.9%
	0.1%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	0.2%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.7%	2.4%
	0.5%	2.8%
	0.9%	3.9%
	2.0%	4.5%
	14.8%	11.3%
	42.7%	13.0%
	31.8%	20.1%
	4.8%	13.6%
	0.8%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	6.2%	13.6%
	5.8%	13.2%
	6.2%	14.8%
	6.2%	13.6%
	51.2%	10.0%
	6.9%	4.7%
	6.7%	12.2%

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