48154 Home Values & Market Trends

There are 24 homes currently listed for 48154. 48154 real estate market trends show that home prices range from $95,000 to $467,000, and the median sales price in the 48154 zip code is $313,865.13. The total number of properties sold within the past twelve months is 479. In 48154, 11 properties are in foreclosure, 2 are bank owned properties,and 9 are headed for auction.

48154 Real Estate Market Overview

CityMedian Est. Value
Livonia

$ 273,095

$ 186/sqft

Housing Market Summary for 48154

Mar 2023February 2024Change
Median Listing Price$277K$308.1K11.24%
Median Sold Price$301.7K$308.1K2.12%
Homes For Sale2221-4.55%
Homes Sold429410-4.43%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 48154

The median list price of a home in Livonia, is $313,865.13. A total of 24 properties are for sale, and the percentage of properties for sale in the zip code is 24.00%. The total count of 48154 properties is 14,554.

Foreclosure
There is 1 cities within 48154; within this cities, the median estimated home value for homes in foreclosure ranges from $431,151 in livonia to the lowest value of $173,503 in livonia. Foreclosure homes account for 0.00% of properties in 48154 with livonia containing 30 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 48154 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48154; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 48154 ranges from the highest value of $366,141 in livonia to the lowest value of $184,641 in livonia. Bank owned homes and properties account for 0.01% of properties in 48154. There is 1 cities within 48154; livonia containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    livonia has 24 auction properties, the highest number of properties going to auction in a single city in the state of 48154. Auction homes and other auction properties account for 0.06% of all properties in 48154. There is 1 cities within 48154; of that cities, the median estimated home value for homes going to auction ranges from $431,151 in livonia to the lowest value of $173,503 in livonia.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in 48154 with livonia containing 63 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48154; homes for sale in that cities, have a range of median values from $543,000 in livonia to the lowest value of $95,000 in livonia.
    Sold Homes
    The median value for recently sold homes ranges from $666,366 in livonia to the lowest price of $27,910 in livonia. There is 1 cities within 48154. livonia has 998 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.72% of properties in 48154.

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      Guide for 48154

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan
      Detroit Real Estate Market Holds Steady: 2023 in Review
      Investment Guides
      Why Buying a Foreclosure is a Smart Move
      Wholesale
      4 Tips on How To Buy a House Wholesale
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      Detroit Real Estate Market Holds Steady: 2023 in Review
      Michigan|posted 25 January 2024

      The 2023 Detroit real estate market trend showed steady average listing values and an increase in property sales, with neighboring cities displaying more fluctuation but higher property values. This reflects the city’s resilience amidst an unpredictable industry landscape.

      Why Buying a Foreclosure is a Smart Move
      Investment Guides|posted 15 November 2017

      Why Buying a Foreclosure is a Smart Move

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Recently Listed Homes 48154

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