Livonia, Wayne County, MI

Median Home Price Price

$294,297 $294.3K

Median Monthly Rent Rent

$1,633 $1.6K

15.0x

Market Snapshot

Livonia, Wayne County, MI is a city market with a median home price of $294,297, a median monthly rent of $1,633, a GRM of 15.0x, and a price-to-rent ratio of 15.0.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Riverview
$230K $1.4K 14.0x
Westland
$202K $1.4K 12.0x
Dearborn
$230K $1.7K 11.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Hastings, Barry County, MI
$220K $1.1K 16.0x
Jackson, Jackson County, MI Explore deeper
$178K $1.2K 12.0x
Holt, Ingham County, MI
$257K $1.5K 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Twinsburg, Summit County, OH
$341K $1.6K 17.0x
Lochearn, Baltimore County, MD
$300K $2.0K 13.0x
Dayton, Tippecanoe County, IN Explore deeper
$218K $1.2K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Livonia

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Benchmark comparison

Compare Livonia, MI to another market.

Compare to Riverview, MI
Livonia, MI
Riverview, MI
Delta
Median rent
$1,633
N/A
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Median price
$294,297
N/A
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YoY change
+$110
N/A
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Price-to-rent
15.0x
Data unavailable
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Key takeaways

  • Livonia, Wayne County, MI has a middle-grm screening profile: At 15.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $110 year over year.
  • Next discovery step: compare Riverview, Wayne County, MI from the Same county set.