How much is a home in 48150 worth?

The typical home value is $281,765, up 2.4% over the past year. The median list price is $299,900.

How fast are homes selling in 48150?

The median days on market is 29. That suggests well priced homes can move without a long wait.

Are sellers cutting prices in 48150?

Yes, 17.8% of listings have a price cut. That share shows buyers are pushing back when pricing misses the market.

Market Intelligence · MI / Livonia

Livonia, MI 48150 Housing Market

The typical home value in Livonia, MI 48150 is $281,765, up 2.4% over the past year. The median list price is $299,900, and homes are spending a median of 29 days on market.

Updated August 2026Median value$282K

The median home value in Livonia, MI 48150 is $282K as of August 2026, up 2.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48150 range

$259K to $304K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.4% over 12 months

Aug 2025$275K

Low $275KHigh $282K

Aug 2026$282K

The numbers

What is the 48150 housing market like?

As of August 2026

Typical home value

$282K

2.4%YoY

Median list price

$300K

0.0%MoM

Days on market

20.8%MoM

Homes for sale

23.1%MoM

Price cuts

17.8%

28.4%MoM

New listings

41.2%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 48150 home prices compare?

48150$281,765
Livonia$328,784
Michigan$243,093
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Livonia: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Livonia, MI 48150 has 48 homes for sale, with 48 new listings entering the market. The median list price is $299,900, while the typical home value is $281,765, up 2.4% over the past year. A median of 29 days on market points to sales that are moving, but not instantly. With 17.8% of listings taking a price cut, some sellers are starting above what buyers will pay. For a seller, pricing needs to be exact at listing.

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