Livonia, MI

Population: 94.958
Average annual home appreciation rate: 12.42%
Total of homes for sale in this market: 115
Median home price: $195,359
Median Rent: $1,139
Home price range: 59.08% between $126,001 – $252,000
Median sales price: $149,500
Number of homes: 168
Median foreclosure sales price: $100,000
Foreclosure discount: 33.1%
Most common home type: 87.02% single family detached
Number of vacant homes: 4.69%
Number of renters: 16.08%
Number of owner occupied: 83.92%
Number people living below poverty level: 6.08%
Unemployment rate: 2.90%
Is this area perfect for real estate deals going on right now?

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