Livingston County, Michigan Housing Market
In Livingston County, Michigan, the median home value is $356,800, with a median monthly rent of $1,287. This places Livingston County at #392 nationally out of 3134 counties by median home value, and #3 within Michigan.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,143
- Establishments: 4,867
- BLS QCEW, 2025
Housing Supply
- Single-family: 483
- Multi-family: 48
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 85,721 (avg $109,944)
- Outflow: 82,545 (avg $109,864)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Livingston County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 48836 | 188.5 | +8.07% | 2025 |
| 2 | 48353 | 206.1 | +14.14% | 2025 |
| 3 | 48380 | 182.2 | +5.77% | 2025 |
| 4 | 48137 | 202.0 | +9.51% | 2025 |
| 5 | 48169 | 194.3 | +3.93% | 2025 |
| 6 | 48189 | 200.0 | +8.31% | 2025 |
| 7 | 48178 | 184.0 | +5.15% | 2025 |
| 8 | 48855 | 182.5 | +5.88% | 2025 |
| 9 | 48843 | 188.2 | +6.78% | 2025 |
| 10 | 48114 | 185.1 | +3.69% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Livingston County Compares
| Metric | Livingston County | Michigan Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $356,800 | $197,292 | $227,706 |
| Median Gross Rent | $1,287 | $905 | $968 |
| Owner Occupancy Rate | 86.9% | 80.2% | 73.3% |
| Price/Rent Ratio | 23.1 | 17.9 | 18.7 |
Market Analysis
The median home value in Livingston County is 80.8% above the Michigan state average and 56.7% above the U.S. national average. The median rent of $1,287/month is 42.2% above the state average.
With a price-to-rent ratio of 23.1, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Livingston County has an owner-occupancy rate of 86.9%, compared to 80.2% in Michigan and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Llano County | Texas | $356,500 | $998 |
| Isle of Wight County | Virginia | $356,500 | $1,359 |
| Coweta County | Georgia | $357,500 | $1,488 |
| DeKalb County | Georgia | $357,800 | $1,692 |
| Maury County | Tennessee | $355,700 | $1,300 |
Other Counties in Michigan
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Oakland County | $343,600 | $1,376 | 72.7% |
| Washtenaw County | $374,100 | $1,463 | 61.6% |
| Grand Traverse County | $339,400 | $1,288 | 77.2% |
| Ottawa County | $323,400 | $1,211 | 79.3% |
| Emmet County | $315,700 | $1,112 | 77.0% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).