ZIP Code 48150 — Livonia, MI Home Prices (2026)
The typical home in ZIP 48150 (Livonia, Michigan) is worth about $285,000 at roughly $237 per square foot — 14% more affordable than the Livonia median and 3% more affordable than the typical U.S. home.
How 48150 compares
ZIP 48150 is one of the more affordable ZIP codes in Livonia: its typical home value of $285,000 ranks #3 of the 3 Livonia ZIP codes we track (the citywide range runs from $285,000 in 48150 to $345,000 in 48154). Per square foot it costs about $237, against $228 for Livonia as a whole, $190 for Michigan, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 48150 | $285,000 | $237 |
| Livonia, MI | $333,000 | $228 |
| Michigan | $251,000 | $190 |
| United States | $294,000 | $195 |
Home value by size in 48150
Using this ZIP’s rate of about $237 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $237,000 |
| 1,500 sq ft | $355,500 |
| 2,000 sq ft | $474,000 |
| 2,500 sq ft | $592,500 |
| 3,000 sq ft | $711,000 |
Salary needed to buy a home in ZIP 48150
To buy the typical $285,000 home in ZIP 48150 with 20% down, you need a household income of roughly $78,000 a year (about $1,810 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $92,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $14,300 | $2,250/mo | $96,000/yr |
| 10% (+PMI) | $28,500 | $2,150/mo | $92,000/yr |
| 20% | $57,000 | $1,810/mo | $78,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 48150
At about $237 per square foot, here is roughly how much home different budgets get you in ZIP 48150:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 630 sq ft | below the local median — condos, smaller or older homes |
| $200k | 840 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1050 sq ft | around the typical home here |
| $300k | 1270 sq ft | around the typical home here |
| $400k | 1690 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 48150 home.
Estimate a specific home in 48150
The estimator below is pre-set to ZIP 48150 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Livonia ZIP codes by home value
Where 48150 sits among Livonia’s 3 ZIP codes:
ZIP 48150 home prices: frequently asked
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See the full Livonia home values page, all Michigan cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.