The story of this market
The typical home in ZIP 48154 sells for about $339,950, or $237 per square foot.
Prices are up +4.6% 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 $1,213 a month.
ZIP 48154 — Livonia
The 48154 housing market is highly competitive, characterized by low inventory and rapid sales velocity. Median prices have seen steady year-over-year growth, driven by strong demand for the area's established mid-century housing stock. Note that several specific metrics, such as median rent and effective tax rates, are not currently published at the ZIP level.
This ZIP is well-suited for family buyers and long-term residents seeking established suburban neighborhoods with a high concentration of mid-century housing stock.
Median prices moved up 4.6% 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 5.5% · poverty 3.5% — a stable, low-distress profile.
ZCTA 48154, Wayne County MI
The area is served by the Livonia Public Schools district, which is generally regarded as a stable suburban school system.
Livonia maintains a mature suburban economy with a significant concentration of residential housing built in the 1950s and 1960s, supported by proximity to major Detroit-area employment corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
Located in the Detroit metropolitan area, residents have access to major highway corridors including I-96 and I-275 for commuting to regional employment hubs.
The area features local parks and community amenities typical of established suburban Livonia, with access to regional shopping and dining districts.
The rental market is characterized by stable demand within an established residential community, though specific vacancy and investor-activity metrics are not currently published.
The local economy is anchored by a mix of established suburban retail, services, and proximity to the broader Detroit automotive and manufacturing industrial base.
The area is primarily auto-dependent, served by a network of major suburban arterial roads and proximity to the I-96 and I-275 freeway interchange.
Development activity is largely focused on the renovation and turnover of the existing 1950s and 1960s housing stock rather than large-scale new construction.
Parcels are served by the Livonia Public Schools district and standard municipal utility and emergency service districts.
Data sourced from US Census Bureau ZCTA 48154 profiles.
- Little Caesars Arena4.616.7 mi
- Comerica Park4.717 mi
- Ford Field4.617.2 mi
- Huntington Place4.517.2 mi
- Vibe Credit Union Showplace4.39.3 mi
- Henry Ford Museum of American Innovation4.89.5 mi
- Detroit Zoo4.512.8 mi
- Greenfield Village4.89.6 mi
- Emagine Novi4.58.8 mi
- Emagine Canton4.65.8 mi
- Henry Ford Museum of American Innovation4.89.5 mi
- Detroit Institute of Arts4.816 mi
- Greenfield Village4.89.6 mi
- Michigan Central4.815.8 mi
- Motown Museum4.714.7 mi
- Maybury State Park4.88.3 mi
- Heritage Park4.75.9 mi
- Ford Field Park4.68.7 mi
- Heritage Park4.69 mi
- Hines Park of Westland4.53.7 mi
- Newburgh Lake4.53.2 mi
- Fox Hills Golf & Banquet Center4.611.4 mi
- Western Golf & Country Club4.63.8 mi
- Novi Putting Edge4.28.9 mi
- Tanglewood Golf Course4.411.3 mi
- On The Dunes Sports4.211.5 mi
- Twelve Oaks Mall4.48.4 mi
- Fairlane Town Center4.19.4 mi
- Meijer4.24.3 mi
- One World Market - Novi4.77.5 mi
- Meijer4.111.8 mi
- Detroit Metropolitan Wayne County Airport4.312.5 mi
- Windsor International Airport4.223.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Includes various community parks and green spaces serving the local residential population.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).