Real Estate Market Update for Livonia, MI
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 22% from one year earlier, and down 22% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 190-thousand dollars. The number of units sold decreased 25% year-over-year, and decreased 14% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Livonia, MI
Area Information for Livonia, MI
  • Population: 98,750
  • Median Age: 45.54 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 2,766/sq mi
  • Population Change Since 2000: -1.78%
  • Closest Airport: Detroit Metropolitan Wayne County
  • Closest College: Madonna University
  • Closest Jr. College: Schoolcraft College
  • Median Household Income: $70,218
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $185,000
  • Closest Major Sports Team: Detroit Tigers
  • Change Avg. Household Income Since 2000: 16.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Livonia, MI
Median Age: 45.54 Married: 47% Number of Households: 39,508 Households with Children: 10,024
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Livonia, MI

      School Name Distance Type Grades School Rating Parent Rating
      Frost Middle School 0.7 mi Public 7-8 4 0
      Kennedy Elementary School 0.9 mi Public K-4 4 0
      Jackson Center 1.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Livonia Little Tots Day Nursery 1.1 mi Private PRESCHOOL-PRESCHOOL 0 0
      Branch Line School 1.2 mi Public K-8 2 0
      Stevenson High School 1.2 mi Public 9-12 4 0
      Buchanan Elementary School 1.2 mi Public K-4 4 0
      Hoover Elementary School 1.3 mi Public K-4 5 0
      St Paul's Lutheran School 1.6 mi Private PRESCHOOL-8 0 0
      St Edith Elementary School 1.7 mi Catholic K-8 0 0
      Montessori Center Of Our Lady 1.8 mi Catholic PRESCHOOL-K 0 0
      Riley Upper Elementary School 1.8 mi Public 5-6 0 0
      Holmes Middle School 1.9 mi Public 7-8 4 0
      Roosevelt Elementary School 1.9 mi Public K-4 4 0
      St Michael School 2.1 mi Catholic PRESCHOOL-8 0 0
      Niji-iro Japanese Immersion Elementary School 2.2 mi Public K-6 4 0
      Garfield Community School 2.3 mi Public PRESCHOOL-PRESCHOOL 0 0
      W.w. Wayne Skill Center 2.3 mi Public UNGRADE-UNGRADE 0 0
      American Montessori Academy 2.3 mi Public PRESCHOOL-1 0 0
      Randolph Elementary School 2.4 mi Public K-4 3 0
      Coolidge Elementary School 2.5 mi Public K-4 4 0
      Peace Evangelical Lutheran School 2.7 mi Private PRESCHOOL-8 0 0
      Grant Elementary School 2.7 mi Public K-4 3 0
      Rosedale Elementary 2.7 mi Public K-4 3 0
      Webster Elementary School 2.8 mi Public 1-6 5 0
      Livonia Career Technical Center 3.1 mi Public 11-12 0 0
      Franklin High School 3.2 mi Public 9-12 3 0
      Churchill High School 3.2 mi Public 9-12 5 0
      Grandview Elementary School 3.3 mi Public K-5 1 0
      Emerson Middle School 3.3 mi Public 7-8 3 0
      Brookfield Academy - Livonia Campus 3.4 mi Private PRESCHOOL-5 0 0
      Clarenceville High School 3.7 mi Public 9-12 2 0
      Clarenceville Middle School 3.7 mi Public 6-8 1 0
      Botsford Elementary School 3.8 mi Public PRESCHOOL-5 1 0
      Cleveland Elementary School 3.9 mi Public K-4 2 0
      Grand River Academy 4.3 mi Public K-8 2 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Livonia, MI
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.