48114 — Livingston County, Michigan Market Snapshot

Housing market data for zip code 48114 in Livingston County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

54 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$487,450

-10.0% YoYClosed sales

Days to Sell

29

Median, listing to close

Homes Sold

54

Closed in 2026

Inventory

50

Sale-to-List

102.5%

New Listings

95

Price/SqFt

$220

Pending Sales

75

Conforming Loan Available

Most homebuyers in 48114 can comfortably use conventional financing. The median home price of $487,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 48114 are moving quickly at 29 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Sale-to-List Ratio

Homes in 48114 are selling 2.5% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 48114 can comfortably use conventional financing. The median home price of $487,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 48114 are set at the county level.

2026 Loan Limits — Livingston County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 48114

To purchase the median home at $487,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,885.

Monthly Payment

$3,885

Income Required

$166,487

Principal & Interest

$3,004/mo

Down Payment (5%)

$24,373

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 48114.

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Estimated Monthly Payment

$3,167

Principal & Interest$2,529
Property Tax$487
Insurance$150
Loan Amount$389,960
Total Interest$520,577
Income Required$135,717/yr

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