Livonia, MI Home Values & Market Trends
Real estate market trends reflect that there have been 1,019 transactions over the past year in Livonia. The median value for residential home transactions that occurred over the previous year is $323,733. The number of current listings in Livonia is 1,688, and the percentage of properties for sale in the city is 1688.00%. Livonia, MI currently has 35 properties in foreclosure, 6 bank owned properties, 29 properties headed for auction, and 1,688 properties for sale.
Livonia, MI Real Estate Market Overview
Housing Market Summary for Livonia, MI
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $300K | $309.9K | 3.30% |
| Median Sold Price | $374.4K | $316.3K | -15.51% |
| Homes For Sale | 1,071 | 1,666 | 55.56% |
| Homes Sold | 762 | 296 | -61.15% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Livonia, MI
Browse Homes in Livonia, MI
Livonia home values range from $71,741 to $949,900. The median estimated value of a home in Livonia is $323,733. The median list price of a home is 309,900, and the total count of properties in the city is 2,044.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Livonia, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Livonia, MI; of those zips, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Livonia, MI ranges from the highest value of $326,116 in 48150 to the lowest value of $125,916 in 48152. Bank owned homes and properties account for 0.29% of properties in Livonia, MI. There are 3 zips within Livonia, MI; 48152 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions48150 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Livonia, MI. Auction homes and other auction properties account for 1.42% of all properties in Livonia, MI. There are 3 zips within Livonia, MI; of those zips, the median estimated home value for homes going to auction ranges from $384,727 in 48152 to the lowest value of $132,129 in 48152.
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More Real Estate Resources for Livonia, MI
Guide for Livonia, MI
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
