Market Intelligence · MI / Livonia

Livonia, MI 48150 Housing Market

Homes in Livonia, MI 48150 are valued at $277,983 on average, up 2.2% over the past year. The median list price is $299,675, with homes typically spending 31 days on market as of September 2026.

Updated September 2026Median value$278K

The median home value in Livonia, MI 48150 is $278K as of September 2026, up 2.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48150 range

$256K to $300K

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

+2.2% over 12 months

Sep 2025$272K

Low $272KHigh $278K

Sep 2026$278K

The numbers

What is the 48150 housing market like?

As of September 2026

Typical home value

$278K

2.2%YoY

Median list price

$300K

0.1%MoM

Days on market

6.9%MoM

Homes for sale

20.8%MoM

Price cuts

22.0%

23.6%MoM

New listings

12.5%MoM

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

The outlook

48150 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48150 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48150 rose 2.2%, per the Zillow Home Value Index.

Will home prices drop in 48150?

Zillow's forecast does not call for a drop: it expects typical home values in 48150 to rise 1.5% by September 2027, after a 2.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48150 home prices compare?

48150$277,983
Livonia$324,298
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Livonia: 3 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The 48150 ZIP saw 42 new listings come to market in September 2026, while 58 homes were available for sale. About 22.0% of those listings carried a price cut, suggesting some sellers are adjusting expectations. The median time on market of 31 days is reasonable but not brisk. Modest appreciation year over year indicates a balanced market where neither buyers nor sellers have overwhelming leverage.

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Down payment20% · $55,597

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Common questions

What people ask us.

What is the typical home value in 48150?

The typical home value in Livonia, MI 48150 is $277,983, reflecting a 2.2% increase over the past year.

How long do homes typically stay on the market in 48150?

As of September 2026, homes in this ZIP spend a median of 31 days on market.

Are sellers dropping prices in 48150?

About 22.0% of listings in 48150 have seen a price cut as of September 2026, suggesting some adjustment in the market.

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