Is Livingston County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Livingston County has remained a Seller's Market.
Housing Prices in Livingston County, MI
How much do homes in Livingston County, MI cost?
Median Sold Price
$364,809
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Livingston County was $364,809 in April 2024, up 4.5% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $159.5K | +2.9% |
2 Bedrooms | $235K | $259.9K | +10.6% |
3 Bedrooms | $330K | $347.1K | +5.2% |
4 Bedrooms | $428.4K | $450K | +5.0% |
5+ Bedrooms | $511.5K | $527.5K | +3.1% |
Summary: Livingston County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Counties
Washtenaw County | $369.7K | $390.1K | +5.5% |
Livingston County | $348.9K | $364.8K | +4.5% |
Genesee County | $189.5K | $196.9K | +3.9% |
Oakland County | $322.3K | $334.3K | +3.7% |
Shiawassee County | $175K | $177.1K | +1.2% |
Housing Supply in Livingston County, MI
How many homes are available in Livingston County, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
454 | 547 | +20.5% |
Summary: The Livingston County real estate market had 547 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 8 | +14.3% |
2 Bedrooms | 81 | 95 | +17.3% |
3 Bedrooms | 201 | 245 | +21.9% |
4 Bedrooms | 135 | 158 | +17.0% |
5+ Bedrooms | 30 | 41 | +36.7% |
Summary: The Livingston County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 21.9%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 36.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
118 | 159 | +34.7% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
72 Homes Were Sold
Over Asking
Summary: A total of 159 homes were sold or pending in Livingston County in April 2024, up by 34.7% month-over-month. Of the 159 sold homes, 32% were sold under asking, 23% were sold at asking, and 45% were sold over asking.
Days on Market for Livingston County, MI
How long does it take to sell a home in Livingston County, MI?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 21 Days | -71.7% |
Summary: Homes in Livingston County had an average of 21 days on market in Apr 2024, down by 71.7% compared to last year.
Breakdown of Home Sale Times
136 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 159 homes were sold in Livingston County; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.