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Livonia city, MI

ZIP 48150 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48150

Median Home Value
$228,600
Median Rent
$1,120
Affordability Snapshot
$63,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,468/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48150 in Livonia city, MI, a household would need roughly $63,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,468. That sits below the local median household income ($94,058), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
88.6%+35% vs US avg
x
Vacancy Rate
1.9%-81% vs US avg
x
Broadband Access
95.4%+10% vs US avg
x
4+ Bedrooms
2.8%-81% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
10.8%-78% vs US avg
x
Mortgage-Free
34.7%-9% vs US avg
x
$228,600
Home Value
$1,120
Rent
1957
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.7%
  • 1-unit attached4.6%
  • 2-9 units4.0%
  • 10+ units3.2%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$228,600
Median rent$1,120
Owner-occupied88.6%
Vacant1.9%
Price-to-income2.4x
Est. income to buy$63,000