The story of this market
The typical home in ZIP 48150 sells for about $339,950, or $237 per square foot.
Prices are up +3% from a year ago, so sellers still have some momentum. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,344 a month.
ZIP 48150 — Livonia
The Livonia housing market is highly competitive with a low months-of-supply and a median sale-to-list ratio exceeding 100%. Market activity is driven by a steady demand for established mid-century housing stock, with prices showing modest year-over-year growth.
The area is well-suited for family buyers and long-term residents, given the high owner-occupancy rate and the prevalence of mid-century single-family housing stock.
Median prices moved up 3.0% year over year.
Homes spend a median of 7 days on market with 1.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100.7% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 4.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48150, Wayne County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Livonia maintains a stable economic base with a significant portion of housing stock dating to the 1950s and 1960s, reflecting a mature suburban development pattern.
The rental market shows stable demand with a median rent of $2,000 per month.
The local economy is anchored by a mix of residential and commercial activity within Wayne County, with a mature industrial and retail base.
Data sourced from US Census Bureau QuickFacts for Livonia city.
- Little Caesars Arena4.616.1 mi
- Comerica Park4.716.4 mi
- Ford Field4.616.6 mi
- Huntington Place4.516.5 mi
- Vibe Credit Union Showplace4.310.7 mi
- Henry Ford Museum of American Innovation4.88.2 mi
- Greenfield Village4.88.3 mi
- Emagine Novi4.510.3 mi
- Emagine Canton4.64.6 mi
- MJR Westland Grand Cinema 164.42.5 mi
- Henry Ford Museum of American Innovation4.88.2 mi
- Detroit Institute of Arts4.815.5 mi
- Greenfield Village4.88.3 mi
- Michigan Central4.815.1 mi
- Motown Museum4.714.3 mi
- Maybury State Park4.89.2 mi
- Heritage Park4.712.1 mi
- Heritage Park4.77.6 mi
- Ford Field Park4.67.5 mi
- Heritage Park4.68.1 mi
- Newburgh Lake4.52.8 mi
- Fox Hills Golf & Banquet Center4.611.5 mi
- Western Golf & Country Club4.63.9 mi
- Novi Putting Edge4.210.5 mi
- Tanglewood Golf Course4.412.2 mi
- Farmington Hills Golf Club4.28.3 mi
- Twelve Oaks Mall4.410 mi
- Fairlane Town Center4.18.3 mi
- Meijer4.110.4 mi
- Meijer4.25.8 mi
- One World Market - Novi4.79.1 mi
- Detroit Metropolitan Wayne County Airport4.310.8 mi
- Windsor International Airport4.222.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.