Market Overview
Home Prices in Livonia, MI
The median home value in Livonia, MI is $323,035 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and up 2.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Livonia are priced21% below average. Livonia is part of the Detroit-Warren-Dearborn, MI metro area.
Over the past five years, Livonia home values have risen by approximately24.4%, reflecting strong long-term appreciation in this market.
Price History
Livonia Home Price Trend
City Comparison
Livonia vs. National Median
At $323,035, homes in Livonia cost 21% below the national median of $410,000. This makes Livonia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Livonia?
20% Down Payment
$64,607
on $323,035
Monthly P&I
$1,685/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,140/mo
incl. taxes & insurance
Income Needed
$85,600
gross annual (30% rule)
10% Down Option
$32,304
+ PMI applies
Loan Amount (20% dn)
$258,428
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Livonia, MI?
The median home value in Livonia is $323,035 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Livonia?
Over the past year, home values in Livonia have increased by 2.8%. Over five years, prices have risen approximately 24.4%.
How much do I need to earn to buy a home in Livonia?
To comfortably afford the median home price of $323,035 with a 20% down payment ($64,607) at today's rates (6.8%), you'd need a gross annual income of approximately $85,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Livonia compare to the national average home price?
The national median home value is approximately $410,000. At $323,035, homes in Livonia are 21% below the national average.
What metro area is Livonia part of?
Livonia is part of the Detroit-Warren-Dearborn, MI metropolitan area. Home prices and market conditions can vary across the broader metro region.