Home prices
Livonia's median home price is $191,500. In comparison to its nearby areas this is approximately $25,060 (11%) lower.In comparison to the rest of the nation it is roughly $26,000 (11%) lower, and is approximately $142,300 (289%) higher compared to the city of Detroit.
Rents
Livonia's median rent is $1,077 a month. Compared to the surrounding areas this is about $86 (8%) higher.Compared to the US as a whole it is approximately $15 (1%) higher, and it is approximately $253 (30%) higher in comparison to the city of Detroit.
Nearby places
Farmington
Farmington is Livonia's neighbor to the north. Real estate prices there are a little more expensive. The median home value in Farmington is $210,000, which is $18,500 (8%) higher than Livonia. The rent there is pretty similar. Farmington's median rent is $1,053 a month, which is $24 (2%) lower than Livonia.
Westland
Westland is Livonia's neighbor to the south. The real estate prices there are substantially less expensive. The median home in Westland is valued at $121,100, which works out to $70,400 (58%) lower than Livonia. The rent there is a bit less expensive. The median rent in Westland is $894 per month, which comes out to $183 (20%) lower than Livonia.
Plymouth
Plymouth is about 4 miles west of Livonia. Its housing prices are a lot more expensive. The median home value in Plymouth is $309,300, which comes out to $117,800 (38%) higher than Livonia. Its rents are a bit less expensive. In Plymouth the median rent is $871 a month, which is $206 (23%) lower than Livonia.
Garden City
Garden City is about 4 miles south of Livonia. Housing prices there are significantly less expensive. The median home in Garden City costs $111,000, which comes out to $80,500 (72%) lower than Livonia. Its rents are similar. The median monthly rent in Garden City is $1,035, which works out to $42 (4%) lower than Livonia.
Northville
Northville is about 5 miles northwest of Livonia. Housing prices there are significantly more expensive. The median home value in Northville is $331,400, which comes out to $139,900 (42%) higher than Livonia. Its rents are pretty similar. Northville's median rent is $1,101 a month, which works out to $24 (2%) higher than Livonia.
