Zip Code 48152

Livonia, MIWayne County

Real Estate Market Analysis

Q3 2025 Report
$304,945 (Jan 2025, up 4.7% YoY)[3]
Median Home Value
~28,000 (zip code estimate)
Population
$85,000+ (Livonia median household income)
Median Income
Above average (GreatSchools 7-8/10)
School District Rating

Market Statistics

Property Values

$304,945 (Jan 2025, up 4.7% YoY)[3]
Median Home Value
$1,480 for 2bd/1ba (2025)[3]
Median Rent
$160 (Jan 2025)[2]
Price per Sq Ft

Market Performance

Home Appreciation4.7% (Jan 2025 YoY)[3]
Market VelocityHomes go pending in ~21 days[3]
Foreclosure RateNot specified; Wayne County rates are moderate

Area Information

Area Size~13 sq mi
CountyWayne
Primary CityLivonia

Housing Profile

Housing Statistics

Total Housing UnitsNot specified; estimated 8,000-10,000 based on area size and density
Owner OccupiedEstimated 70-75% (Livonia is predominantly owner-occupied)
Rental PropertiesEstimated 25-30%
Vacant UnitsLow vacancy rate due to seller's market
New ConstructionLimited, but increasing as inventory recovers[1]

Housing Types

Single-family homesCondosTownhomesApartments

Demographics

~28,000 (zip code estimate)
Population
~44 years (Livonia median)
Median Age
$85,000+ (Livonia median household income)
Median Income
Unemployment ~3.5% (Wayne County, 2025 est.)
Employment Rate
High school grad or higher: 95%; Bachelor's or higher: 38%
Education Levels
Majority families, mix of young professionals and retirees
Family Composition

Education Quality

School District Performance

Above average (GreatSchools 7-8/10)
District Rating
School DistrictLivonia Public Schools
Test ScoresAbove state average
Graduation Rates~92% (Livonia Public Schools)

Schools in Area

  • Stevenson High School
  • Emerson Middle School
  • Coolidge Elementary
  • St. Michael Catholic School

Economic Factors

Employment & Business

Job GrowthStable, moderate growth (1-2% YoY)
Unemployment Rate~3.5% (2025 est.)
Business EnvironmentStrong, with mix of manufacturing, healthcare, logistics, and retail
Commercial ActivityActive retail corridors, light industrial, office parks

Major Employers

  • Ford Motor Company
  • Livonia Public Schools
  • Trinity Health
  • Amazon
  • ZF North America

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-96 freeway
  • M-5 connector
  • SMART bus routes

Utilities & Services

  • DTE Energy (electric/gas)
  • City of Livonia water/sewer
  • Multiple waste/recycling providers

Quality of Life

Safety & Environment

Low to moderate; Livonia is considered safe for families

Good air and water quality, suburban green spaces

Healthcare Access

  • Trinity Health Livonia Hospital
  • Beaumont Urgent Care
  • Multiple clinics and specialists

Development Trends

Planned Developments

  • New residential subdivisions (limited)
  • Retail/restaurant infill projects

Infrastructure Projects

  • Road resurfacing on major corridors
  • Sidewalk/bike path expansions

Investment Outlook

Growth Outlook

Steady, with moderate population and housing growth

Investment Opportunities

  • Single-family rentals
  • Value-add renovations
  • Small multifamily properties

Marketing Intelligence

Target Demographics

  • Move-up families
  • Young professionals
  • Retirees/downsizers
  • Investors

Competitive Advantages

  • Strong schools
  • Safe neighborhoods
  • Convenient location near Detroit and Ann Arbor

Pricing Strategies

Price at or slightly above comps due to seller's market, but be responsive to buyer feedback

Common Objections & Response Strategies

Objection: High home prices compared to 2023

Response Strategy:

Emphasize appreciation and long-term value, highlight low inventory and strong demand

Objection: Limited inventory/choice

Response Strategy:

Advise buyers to act quickly, consider off-market or new construction options

Objection: Older housing stock

Response Strategy:

Showcase renovated homes and potential for value-add improvements

Objection: Higher mortgage rates

Response Strategy:

Discuss rate buydowns, lender incentives, and potential for refinancing

Professional Recommendations

1

Educate buyers on market speed and prep for quick offers

2

Leverage school quality and community amenities in marketing

3

Network with local builders for new construction leads

4

Monitor interest rate trends and advise clients on timing

5

Highlight value vs. nearby higher-priced suburbs

Competitive Analysis

Comparable Markets

  • Farmington Hills 48336/48334
  • Northville 48167
  • Westland 48185

Market Positioning

Family-friendly, high-value suburban market with strong schools

Competitive Advantages

  • Lower price point than Northville, better schools than Westland

Price Comparison

Median home price in 48152 ($304,945) is higher than Westland, lower than Northville

Investment Metrics

~6% for single-family rentals (2025 est.)
Cap Rates
5-6% gross yield typical
Rental Yields
~17-18 (based on $305K home, $1,480/mo rent)
Price-to-Rent
Positive for well-bought properties, especially with 20%+ down
Cash Flow
3-5% annual appreciation expected next 2 years
Appreciation

Buyer Journey Insights

First-Time Buyers

Face competition and affordability challenges; benefit from local grants and FHA/VA options

Move-Up Buyers

Strong equity positions, motivated by schools and space

Downsizers

Seek low-maintenance condos/townhomes, prioritize accessibility

Investors

Target single-family and small multifamily for stable returns

Relocators

Attracted by schools, safety, and access to Detroit/Ann Arbor

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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