The Livonia real estate market is composed primarily of single-family, detached homes with plenty of townhome and condominium properties on the market as well. A three-bedroom, two-bath house in Livonia ranges from just under $225,000 to about $300,000, depending on location. Larger Livonia homes for sale with four-bedrooms and three-baths can be acquired for less than $400,000. Larger houses in Livonia boasting five-bedrooms and up, are priced from around $500,000 to about $700,000. Prices for Livonia condos for sale range from about $150,000 for a two-bedroom, two-bath townhouse and can reach beyond $200,000 for a three-bedroom unit with two-in-a-half baths. Empty lots of land are available for those who wish to construct their dream homes from custom designs. An acre of residential land can be bought for about $150,000.
Livonia Real Estate for Sale - Prices of Homes in Livonia
Livonia MI The suburban town of Livonia, originally named after the same city in New York, is located in the southeastern part of Michigan less than 20 miles from Detroit and about 300 miles from Chicago. With a land size of about 36 square miles, Livonia makes a lovely and sizeable addition to Wayne County with a resident population of almost 100,000. Real estate market options consist of primarily single-family, detached homes and numerous townhouses and condominiums as well. Travel to and from this neighborhood is facilitated by its location to highways 14 and 102. For those who rely on air travel for business or pleasure, you will find Oakland County International Airport at their disposal just a mere 18 miles away. The economy in Livonia is self-sufficient and diverse with an array of industries providing employment opportunities, including educational, health and social services, professional, scientific, management, administrative and waste management services, retail trade. Residents with children from grades K-12 can find enrollment opportunities through the Livonia School District, which offers three high schools, four middle schools, twenty-two elementary schools (three accredited) and one alternative high school. For those in pursuit of a degree in higher education, there are five neighborhood colleges and universities available, including Schoolcraft College and Madonna University. Recreational amenities may be found within the neighborhood in forms of parks, museums and historic sites including Maybury State Park and the Detroit Zoo.
Livonia MI Real Estate for the week of September 22nd, 2008: homes priced around $186,257 compared to $186,257 the previous week, to remain steady with no change in listing price. For Saturday, January 28th, the current national mortgage rate for a 30 year fixed mortgage is 3.89%; the 15 year fixed rate is at 3.22%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.43%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Livonia MI. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Livonia, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Livonia, Livonia neighborhood information, crime stats, home values, and schools in Livonia to help you find the best home!