The housing market in Livonia, MI (48152) is performing better than the national average. The median value of homes in Livonia is $269,100, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate for homes in Livonia of 8.47% is slightly higher than the US rate of 8.27%. This indicates that the housing market in Livonia is strong and has potential for further growth in the future.
The median home cost in Livonia (zip 48152) is $269,100. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Livonia (zip 48152) is up 13.1%.
Average Age of Homes
- The median age of Livonia (zip 48152) real estate is 46 years old
The Rental Market in Livonia (zip 48152)
- Renters make up 19.5% of the Livonia (zip 48152) population
- 1.3% of houses and apartments in Livonia (zip 48152), 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.