48855 — Livingston County, Michigan Market Snapshot
Housing market data for zip code 48855 in Livingston County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
24 sales in 2026 (year to date)
Median Sale Price
$423,898
Days to Sell
80
Homes Sold
24
Inventory
17
Sale-to-List
101.3%
New Listings
32
Price/SqFt
$266
Pending Sales
15
Conforming Loan Available
Most homebuyers in 48855 can comfortably use conventional financing. The median home price of $423,898 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
With homes sitting for 80 days on average, 48855 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 48855 (101.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48855 can comfortably use conventional financing. The median home price of $423,898 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 48855 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 48855
To purchase the median home at $423,898 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,398.
Monthly Payment
$3,398
Income Required
$145,619
Principal & Interest
$2,612/mo
Down Payment (5%)
$21,195
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 48855.
Estimated Monthly Payment
$2,773
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