Livonia, MI—48154
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$345,000
2.9% YoY Growth
Household Income
$104,000
25.4% YoY Growth
Days on Market
17
21.0% Shorter YoY
Home Price Forecast
0.4%
Median Rent
$2,300
0.9% YoY Growth
1-Bed Rent
$1,180
1.7% YoY Growth
2-Bed Rent
$1,650
6.3% YoY Growth
3-Bed Rent
$2,600
5.6% YoY Growth
Home Price Trends — Livonia, MI
As of May '26, the median home price in Livonia, MI is $345,000, with a year-over-year change of 2.9%. This indicates that home prices in Livonia, MI are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $345,000 | 2.9% |
| Single Family | $346,000 | 3.0% |
| Condos | $262,000 | -0.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |