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Algonquin Park Arbor (Dover-Arbor-Triangle) Castle Garden (Tiffany Park) Central Livonia (Central) Clements Circle Devonaire (Devon Aire) Livonia East (East) Livonia South (South) Livonia West (West) Lyndon Manor Mar-Git Newport Park Old Rosedale Gardens (Rosedale Gardens and Meadows) Sun Valley

LIVONIA, MI 48150

Real Estate Market Report  ·  Wayne County
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48150

Algonquin Park · Arbor (Dover-Arbor-Triangle) · Castle Garden (Tiffany Park) · Central Livonia (Central) · Clements Circle · Devonaire (Devon Aire) · Livonia East (East) · Livonia South (South) · Livonia West (West) · Lyndon Manor · Mar-Git · Newport Park · Old Rosedale Gardens (Rosedale Gardens and Meadows) · Sun Valley

Market Analysis

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

The LIVONIA, MI real estate market (48150) currently shows 36 active listings, with 21 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 36 days last year.

The median listing price has fallen 2.6% year-over-year, from $297,675 to $289,950.

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 Context

Market Context

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

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

Market Overview

Active Listings
36
⇩ 28% vs 50 last year
Pending
21
58% pending ratio
Median Price
$289,950
⇩ 2.6% vs $297,675 last year
Average Price
$293,211
⇩ 8.1% vs $318,985 last year
Days on Market
27
⇩ 25% vs 36 days last year

Price Per Square Foot

Median $/sqft
$230
⇩ 2.5% vs $236/sqft last year
Median Home Size
1,171 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 50 last year
  • Days on market: 27 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $289,950 (-2.6% YoY)
  • Average: $293,211 (-8.1% 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
Price Per Sqft
Price Reduced %

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 February 2026, there are 36 active listings in LIVONIA, MI (zip code 48150), compared to 50 the prior year.

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

The median listing price in LIVONIA, MI 48150 is $289,950 as of February 2026, a 2.6% decrease from $297,675 the prior year.

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

Homes in LIVONIA, MI 48150 spend an average of 27 days on the market before going under contract, compared to 36 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 February 2026, LIVONIA, MI 48150 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 36 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 $5,799 compared to a typical 5% commission on the median listing price of $289,950. 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.