Is Livingston Township, MI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Livingston Township was a Neutral Market.

Key Takeaway

Livingston Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Livingston Township, MI

How much do homes in Livingston Township, MI cost?

Median Sold Price

$250,000

$188/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$106,100(-29.8%)

Key Takeaway

Homes in Livingston Township have sold for 29.8% less than they did a month ago.

Summary: The median home sold price in Livingston Township was $250,000 in May 2024, down 29.8% from last month, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$250K
N/A
4 $356.1K-
N/A
5+ --
N/A

Summary: Livingston Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Livingston Township, MI

How many homes are available in Livingston Township, MI?

Number of Homes For Sale

Apr 2024May 2024CHANGE
610+66.7%

Summary: The Livingston Township real estate market had 10 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 11
0.0%
3 25
+150.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The Livingston Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Livingston Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Livingston Township, MI

How long does it take to sell a home in Livingston Township, MI?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Livingston Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Livingston Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Livingston Township, MI

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What housing markets are near Livingston Township, MI?