Median home value: $298K (+3.3% YoY). Rent: $1,840/mo. Price-to-rent: 13.5x. Part of Detroit-Warren-Dearborn, MI.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Detroit-Warren-Dearborn, MI metro page.
Home Value$298,451
+3.3%
Rent$1,840/mo
AFFORDABILITYRenting $108/mo cheaper ($1,840 rent)6.00% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Livonia.
$59,690 on $298,451
Stretch — 31.2% of income
Above 28% but manageable with cuts.
PITI$1,948
P/I31.2%
Afford$268K
Gap-$30K
P&I $1,431Tax $383Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing