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Livonia

Why you'd want to live in Livonia

Although originally inhabited by Potowatami Indians, the area that is now Livonia was settled by pioneers from New England and New York who were attracted by its rich soil and abundant harvests. The name "Livonia," which is also the name of towns in New York State and Pennsylvania State, was probably named after a region of the Baltic Sea comprising present day Estonia and Latvia. Livonia Township was officially established in 1835 and existed during its first century as primarily a dairy and farming region. Agriculture gave way to commerce and industry in 1948, when the General Motors Corporation built an automatic transmission plant and Ford Motor Company soon followed with a parts depot. In 1950, the Township became incorporated as the City of Livonia. Major local employers today include Ford Motor Company, General Motors, United Parcel Services and St. Mary Mercy Hospital.

Livonia Market Report

$337,570

AVERAGE PRICE OF 275 HOMES

$335,857

AVERAGE PRICE OF 227 DISTRESSED HOMES

$1,790,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$524,955

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$331,709

AVERAGE PRICE OF 15 HOMES WITH A POOL

$392,752

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $337,570
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $136,166
2 bedrooms $227,010
3 bedrooms $309,563
4 bedrooms $415,910
5 bedrooms $463,699
Livonia Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 273 239 244 227 n/a
Average Price $343,081 $340,730 $331,940 $333,009 n/a
Avg Price Change +0.69% +2.65% -0.32% n/a n/a
Median Price $310,358 $307,250 $301,166 $309,900 n/a
Med Price Change +1.01% +2.02% -2.90% n/a n/a
Avg Bedrooms 2.85 beds 2.86 beds 2.79 beds 2.75 beds n/a
Avg Bathrooms 2.15 baths 2.14 baths 2.07 baths 2.04 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 275 $337,570 39 days
Distressed Homes 227 $335,857 41 days
Multi-Million Dollar Homes 2 $1,790,000 112 days
Newly Built Homes 10 $524,955 72 days
Homes with a Pool 15 $331,709 39 days
Reduced Price Homes 21 $392,752 32 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

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