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Sarah Mitchell
Compass Real Estate · ZIP 48154
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48154 ZIP Code Housing Market
$375,000median sale price
What is the 48154 housing market like right now?
The median home sale price in ZIP code 48154 is $375,000, up 10.3% year-over-year. Homes sell in an average of 8 days with 33 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 48154 ZIP code a buyer's or seller's market?
ZIP code 48154 is currently a seller's market and homes selling in about 8 days. How we determine this →
What are the latest 48154 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Median list price | $350,000 |
| Year-over-year price change | +10.3% |
| Average days on market | 8 days |
| Active inventory | 33 listings |
| Sale-to-list price ratio | 102.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
The 48154 zip code, located in Livonia, MI, is currently classified as a seller's market. The median sale price stands at $375,000, representing a +10.3% change year over year. Homes in this area spend an average of 8 days on the market before going under contract. There are currently 33 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 48154 sits in the Livonia, MI area, roughly 0.1 miles from downtown Livonia. Because home prices are set street by street, this ZIP can move differently from Livonia's citywide averages. The figures below reflect 48154 specifically — drawn from Redfin transactions, U.S. Census data for its 37,045 residents, and Zillow value estimates.
Homes sold
96
Last 12 weeks
Days on market
8
Fast-moving
Active listings
33
Sale-to-list
102.0%
Above asking
What is driving the 48154 housing market?
The 48154 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 102.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 48154 have increased +10.3% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 48154 stands at $349,050, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 48154?
Population
37,045
Median income
$104,867/yr
Median age
46 years
Owner-occupied
90.7%
College grads
44.6%
Avg commute
22.59 min
What is it like living in 48154?
Zip code 48154 is home to approximately 37,045 residents. The median household income is $104,867 per year, which shapes the types of homes and amenities available in the area. With a median age of 46 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 90.7% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 44.6% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 22.59 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 48154.
Which public schools serve ZIP 48154?
11 schools tracked · 4,640 students
The largest public schools serving ZIP code 48154 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.
Holmes Middle School
Grades 7-8 · 691 students
Frost Middle School
Grades 6-8 · 653 students
Riley Upper Elementary School
Grades 5-6 · 616 students
Randolph Elementary School
Grades K-4 · 509 students
Hoover Elementary School
Grades K-4 · 492 students
Kennedy Elementary School
Grades K-4 · 468 students
Buchanan Elementary School
Grades K-4 · 443 students
Roosevelt Elementary School
Grades PK-4 · 386 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 48154
What is the median home price in 48154?
The current median sale price in 48154 is $375,000, based on recent Redfin transaction data. Prices have changed +10.3% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 48154 a buyer's or seller's market?
The 48154 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 48154?
Zip code 48154 has a population of approximately 37,045 residents. The median household income is $104,867 per year. About 90.7% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 48154?
Properties Incorporated provides comprehensive data for 48154 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 48154 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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