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LIVONIA, MI 48150

Real Estate Market Report  ·  Wayne County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
46
⇩ 22% vs 59 last year
Pending
25
54% pending ratio
Median Price
$287,000
⇩ 0.9% vs $289,700 last year
Average Price
$296,600
⇩ 3% vs $305,793 last year
Days on Market
51
⇧ 24.4% vs 41 days last year

Market Context

Population: 26,707  ·  Density: 851.0/mi²  ·  Median household income: $90,999

Typical home value: $215,728  ·  Homeownership: 87.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LIVONIA, MI real estate market (48150) currently shows 46 active listings, with 25 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 51 days on market compared to 41 days last year.

The median listing price has fallen 0.9% year-over-year, from $289,700 to $287,000.

Whether you are buying or selling in LIVONIA, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 59 last year
  • Days on market: 51 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $287,000 (-0.9% YoY)
  • Average: $296,600 (-3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.9 miles — 1,154 listings ($324,525,402 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48150Livonia, MI 481500.0 mi46$13,643,600$287,000$296,600
48185Westland, MI 481852.3 mi73$17,850,398$239,900$244,526
48152Livonia, MI 481524.0 mi59$18,577,684$254,500$314,876
48127Dearborn Heights, MI 481275.1 mi57$19,072,599$269,500$334,607
48240Redford, MI 482405.3 mi51$8,207,634$159,900$160,934
48187Canton, MI 481876.5 mi67$30,580,341$399,000$456,423
48335Farmington, MI 483356.7 mi28$10,743,124$344,900$383,683
48336Farmington, MI 483366.7 mi83$28,172,939$267,450$339,433
48219Detroit, MI 482197.3 mi236$25,793,620$95,450$109,295
48228Detroit, MI 482288.0 mi270$25,375,950$85,000$93,985
48375Novi, MI 483758.1 mi43$17,711,743$425,000$411,901
48170Plymouth, MI 481708.2 mi86$61,700,700$535,000$717,450
48168Northville, MI 481688.9 mi55$47,095,070$600,000$856,274

Frequently Asked Questions

How many homes are for sale in LIVONIA, MI 48150?

As of January 2026, there are 46 active listings in LIVONIA, MI (zip code 48150), compared to 59 the prior year.

What is the median home price in LIVONIA, MI 48150?

The median listing price in LIVONIA, MI 48150 is $287,000 as of January 2026, a 0.9% decrease from $289,700 the prior year.

How long do homes stay on the market in LIVONIA, MI?

Homes in LIVONIA, MI 48150 spend an average of 51 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in LIVONIA, MI 48150?

Based on current inventory and days-on-market data as of January 2026, LIVONIA, MI 48150 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 51 days on market compared to 41 days last year.

How much can I save on real estate commission in LIVONIA, MI?

With SELL123.com's maximum 3% commission, sellers in LIVONIA, MI 48150 save an estimated $5,740 compared to a typical 5% commission on the median listing price of $287,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.