The story of this market
The typical home in Livonia, Michigan sells for about $339,950, or $249 per square foot.
Prices are roughly flat from a year ago (-0.78%), a market in balance. Homes take about 7 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,322 a month.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Livonia, Michigan
The Livonia housing market remains highly competitive, characterized by low inventory and strong price appreciation per square foot. Despite a slight year-over-year dip in median price, the market is currently in a seller's position with very low months of supply, indicating robust demand for residential property in the area.
No ARED county foreclosure postings attributed to Livonia yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 3 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 6.7% year over year.
Homes spend a median of 10 days on market with 0.9 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 70.76% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 5.8% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A 103-acre site featuring historic buildings and community events, serving as a cultural anchor for the city.
A major regional shopping destination that provides significant retail and dining options for residents.
Livonia is an ideal fit for family buyers seeking stable neighborhoods and high-quality schools, as well as professionals who value a central location with easy access to major regional highways.
The city is served by the highly regarded Livonia Public Schools district, which is frequently recognized for strong academic performance and comprehensive extracurricular programming.
The city is strategically located at the intersection of major highway corridors including I-96 and I-275, facilitating efficient regional transit and commuting.
Livonia features an extensive park system including Greenmead Historical Park and numerous community centers, offering residents abundant green space, athletic fields, and recreational programming.
The rental market is characterized by low vacancy pressure and steady demand, driven by the city's central location and proximity to major employment corridors in the Detroit metro area.
Livonia's economy is anchored by a robust industrial and commercial sector, with major employers in automotive manufacturing, healthcare, and retail distribution.
Livonia serves as a major commercial and industrial hub in western Wayne County, anchored by a diverse mix of manufacturing, retail, and corporate office developments that provide a stable economic base.
Ongoing redevelopment efforts focus on revitalizing older commercial corridors and enhancing mixed-use infrastructure to support long-term economic growth.
Parcels in Livonia are subject to standard municipal, county, and school district levies, with no significant MUD or PID structures reported.
Livonia consistently reports crime rates significantly lower than the regional average for Wayne County, maintaining a reputation as one of the safer suburban communities in the Detroit metro area.
The area faces standard Midwestern climate risks, primarily related to heavy rainfall and potential basement flooding, though it is not prone to significant wildfire or seismic activity.
Property insurance premiums in the area are generally stable, reflecting the city's low-risk profile regarding natural disasters.
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.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and Census Reporter.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.