New Listing
29
$205,000
18220 University Park Dr Unit 28
Livonia, MI 48152
2 bd1 ba1,370 sqft$150/ft²
Condo
Century 21 Curran & Oberski
View photos & details
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Compass Real Estate · Livonia, MI
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Livonia, MI Housing Market
Strong seller's market+1.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Livonia, MI is worth $316,420, rose 1.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $338,500, +7.0% year over year (through May 2026). With 1.1 months of supply and homes going under contract in about 9 days, Livonia is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $316,420 home is about $1,689/mo in principal and interest.
Key numbers for Livonia, MI
Typical home value
$316,420
+1.1% in 12 months
Zillow, August 2026
Typical asking rent
$1,748/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$338,500
+7.0% year over year
Redfin, through May 2026
Days on market
9
Fast-moving
Redfin, through May 2026
Active listings
105
1.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$96,317
Home costs 3.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
102.5%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Livonia a buyer's or seller's market?
Strong seller's market1.1 months of supply9 days on market102.5% of asking
Livonia, MI is a strong seller's market, based on 1.1 months of supply and homes selling in about 9 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Livonia housing market data show?
Every row below is Redfin's final published month for Livonia, MI. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $338,500 |
| Median list price | $317,000 |
| Year-over-year price change | +7.0% |
| Median price per sq ft | $200/sq ft |
| Median days on market | 9 days |
| Active inventory | 105 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 102.5% |
| Homes sold (that month) | 100 |
| New listings (that month) | 132 |
| Listings with a price cut | 32.4% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Livonia is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Livonia is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Livonia home prices moved?
Over the last three years the median sale price in Livonia, MI rose 16.7%, from $290,000 to $338,500. The live Zillow value series has rose 1.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 32.4% of Livonia listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.1 months while the sale-to-list ratio slips below its current 102.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Livonia?
Priced off the typical home value of $316,420 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $63,284 | $253,136 | $1,689/mo |
| 5% | $15,821 | $300,599 | $2,006/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,689, that implies roughly $72,395 a year before you add taxes and insurance. The median household in Livonia earns $96,317, about $23,922 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.3x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Livonia in the next 12 months?
Tell us your timeline. We send the Livonia market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Livonia?
Typical asking rent in Livonia, MI is $1,748/mo, against a typical home value of $316,420. That is a price-to-rent ratio of 15.1x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,689 a month — $59 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Livonia?
Active listings in Livonia, MI went from 104 in May 2025 to 105 in May 2026, a +1.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 132 | 142 |
| July 2025 | 135 | 151 |
| August 2025 | 137 | 145 |
| September 2025 | 133 | 112 |
| October 2025 | 135 | 131 |
| November 2025 | 129 | 77 |
| December 2025 | 98 | 40 |
| January 2026 | 83 | 65 |
| February 2026 | 96 | 78 |
| March 2026 | 89 | 104 |
| April 2026 | 117 | 137 |
| May 2026 | 105 | 132 |
Redfin, through May 2026
How does Livonia compare to Michigan and the U.S.?
Livonia homes sell for $338,500 — 14% above the Michigan median of $297,900. Against the national median of $410,700, Livonia runs 18% lower. Year-over-year, Livonia moved +7.0% against Michigan's +4.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Livonia, MI | $338,500 | +7.0% | 9 days |
| Michigan statewide | $297,900 | +4.6% | 24 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Livonia
What buyers should watch
- Months of supply, currently 1.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 32.4%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $317 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $316,420 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Livonia listing goes under contract in 9 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 102.5% of asking. Price at the number you want and let competition do the rest.
- In the last published month Livonia added 132 new listings against 100 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +1.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Livonia varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Livonia
There are currently 105 homes listed for sale in Livonia, Michigan. The median listing price is $317K. Featured listings range from $205,000 to $609,900.
New Listing
30
$210,000
19169 Inkster Rd
Livonia, MI 48152
3 bd1 ba988 sqft$213/ft²
House4,356 sqft lot
Slater Signature Homes
View photos & details
New Listing
27
$219,900
9923 Inkster Rd
Livonia, MI 48150
3 bd1 ba1,348 sqft$163/ft²
House4,792 sqft lot
KW Realty Livingston
View photos & details
New Listing
29
$284,900
32431 Washington St
Livonia, MI 48150
3 bd2 ba1,140 sqft$250/ft²
House6,970 sqft lot
Debra Deangelo · Remerica United Realty
View photos & details
New Listing
29
$285,000
15641 Loveland St
Livonia, MI 48154
2 bd2 ba1,464 sqft$195/ft²
House17,860 sqft lot
Joseph Doman · 3DX Real Estate, LLC
View photos & details
New Listing
32
$319,900
35327 W Chicago St
Livonia, MI 48150
3 bd1 ba1,113 sqft$287/ft²
House15,682 sqft lot
National Realty Centers, Inc
View photos & details
New Listing
38
$365,000
14446 Gary Ln
Livonia, MI 48154
3 bd2 ba1,661 sqft$220/ft²
House8,276 sqft lot
Roy Hibbs · Remerica Hometown One
View photos & details
New Listing
52
$389,500
36040 Ladywood St
Livonia, MI 48154
3 bd2 ba1,360 sqft$286/ft²
House9,148 sqft lot
Century 21 Professionals Livonia
View photos & details
New Listing
42
$420,000
29950 6 Mile Rd
Livonia, MI 48152
4 bd3 ba2,107 sqft$199/ft²
House22,216 sqft lot
EXP Realty The Perna Team
View photos & details
New Build
55
$498,900
34387 Ann Arbor Trl
Livonia, MI 48150
4 bd3 ba2,025 sqft$246/ft²
House8,712 sqft lot
Ehsan Ouza · Network Realty LLC
View photos & details
New Listing
63
$600,000
19760 Sussex Ave
Livonia, MI 48152
4 bd3 ba2,375 sqft$253/ft²
House12,632 sqft lot
Opul Realty
View photos & details
44
$609,900
18578 Glengarry Dr
Livonia, MI 48152
4 bd3 ba3,052 sqft$200/ft²
House10,890 sqft lot
Century 21 Curran & Oberski
View photos & details
Looking to buy in Livonia?
Get connected with a local real estate expert — free, no obligation.
Active listings
105
Homes on market
Median list price
$317K
Avg. days on market
9
Days until sale
New this week
132
Newly listed
Price drops:32.4%of listings
Sale-to-list:102.5%
How much do homes cost in Livonia by property type?
How the Livonia, MI market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $350,000 | $205/sq ft | 89 | 9 days |
| Condo / co-op | $240,000 | $175/sq ft | 11 | 26 days |
Who lives in Livonia?
American Community Survey estimates for Livonia. U.S. Census ACS, 2023
Population
94,058
Households
37,716
Median income
$96,317/yr
Median age
45.1 years
Owner-occupied
87.5%
Median home value
$265,300
Median gross rent
$1,284/mo
Mean commute
24 min
87.5% of occupied homes in Livonia are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $265,300 against Zillow's $316,420 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,284/mo, below Zillow's $1,748/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Livonia?
31 schools tracked · 14,196 students
The largest public schools serving Livonia, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Stevenson High School
Grades 8-12 · 1,590 students
Franklin High School
Grades 9-12 · 1,306 students
Churchill High School
Grades 7-12 · 1,247 students
Grand River Academy
Grades K-8 · 759 students
Holmes Middle School
Grades 7-8 · 691 students
Frost Middle School
Grades 6-8 · 653 students
Emerson Middle School
Grades 6-8 · 631 students
Riley Upper Elementary School
Grades 5-6 · 616 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Livonia, MI?
Ordered by distance from Livonia, not by size. Compare Livonia side by side with any of them.
Which ZIP codes are in Livonia?
These are the ZIP codes we see on active Livonia listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Livonia housing market FAQ
Is Livonia a buyer's or seller's market?
Livonia, MI is currently a strong seller's market. That read comes from 1.1 months of supply, homes going under contract in about 9 days, and sellers getting 102.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Livonia?
The typical home in Livonia, MI is worth $316,420 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $338,500, about $200 per square foot.
Is Livonia cheaper than the rest of Michigan?
Livonia's median sale price of $338,500 is 14% higher than the Michigan statewide median of $297,900, and 18% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Livonia?
Homes in Livonia, MI spent a median of 9 days on market before going under contract, versus 24 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Livonia?
At the current 30-year fixed rate of 7.03%, 20% down on a $316,420 home is about $1,689 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $72,395 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $96,317.
Are home prices rising in Livonia?
The typical home value in Livonia, MI rose 1.1% over the last 12 months, from $312,934 to $316,420 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Livonia?
Livonia ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Livonia?
That depends on your timeline, not on a headline. What the data says today: Livonia, MI is a strong seller's market with 1.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.1x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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