Livingston County, Michigan Housing Market Prices
Livingston County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 18% above the Michigan median$164,261
-
Median rent 14% above the Michigan median Among the 5 most expensive counties in Michigan$1,287
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Livingston County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,261 | $138,713 | $248,835 |
| Price Trend (Annual %) | 2.1% | 8.6% | 7.5% |
| Median Gross Rent | $1,287 | $1,129 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Livingston County is about 18% higher than in Michigan. Rent is about 14% higher than the Michigan average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Livingston County, up about 2.1% and 4.0% a year respectively. Rent is changing faster.
Median rent in Livingston County rose about 40.4% between 2015 and 2024, from $916 to $1,287. Over the same span, rent in Michigan rose about 44.2%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Livingston County.
Buying the median-priced home in Livingston County costs roughly 10.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Livingston County. The price-to-rent ratio in Michigan is about 10.2.
| Metric | Livingston County | Michigan Avg | US Average |
|---|---|---|---|
| Median Home Price | $164,261 | $138,713 | $248,835 |
| Median Household Income | $103,306 | $72,977 | $80,455 |
| Price-to-Income Ratio | 1.6 | 1.9 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Livingston County rose about 13.7%, while median household income rose about 33.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Livingston County | Michigan Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 82.6% | 64.6% | 58.5% |
| Rental Rate | 12.5% | 23.6% | 31.2% |
| Vacancy Rate | 4.9% | 11.8% | 10.2% |
| Median Tenure (years) | 16.0 | 16.0 | 15.0 |
| Median Year Moved In | 2010 | 2010 | 2011 |
Livingston County has a homeownership rate of 82.6%, higher than the Michigan average of 64.6%. Its housing vacancy rate is 4.9%, compared with 11.8% in Michigan.
Housing Stock
| Metric | Livingston County | Michigan Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.54 people | 2.42 people | 2.53 people |
| Median Structure Built Year | 1988 | 1972 | 1978 |
| Median Number of Rooms | 6.5 | 5.9 | 5.5 |
The typical housing unit in Livingston County was built around 1988. On average, 2.5 people live in a home with about 6.5 rooms, staying for about 16.0 years on average.
Livingston County, MI Housing Compared With Nearby Counties
Livingston County, MI is the 5th largest of the 6 counties compared here, 195,818 residents against a local median of 369,612. The measure that sets Livingston County, MI apart most is homeownership: 86.9%, 23% above the local median of 70.8%. That is the better end of the local range on this measure.
Median rent tells the same story from another angle: $1,287 against a local median of $1,084, 19% above it. The counties themselves spread 20.7% on homeownership, so Livingston County, MI sits at one end of an already wide local range rather than apart from it. Livingston County, MI has the highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Livingston County, MI | 195,818 | $164,261 #4/6 | $1,287 #3/6 | 86.9% #1/6 |
| Washtenaw County, MI | 369,612 | $354,959 | $1,463 | 61.6% |
| Shiawassee County, MI | 67,991 | $166,666 | $898 | 80.1% |
| Ingham County, MI | 283,163 | $129,821 | $1,084 | 59.4% |
| Genesee County, MI | 403,150 | $96,479 | $988 | 70.8% |
| Oakland County, MI | 1,277,811 | $259,162 | $1,375 | 72.7% |
Frequently Asked Questions
Common questions about the housing market in Livingston County, Michigan.
What is the median home price in Livingston County, Michigan?
The median home price in Livingston County, Michigan is $164,261, higher than the Michigan average of $138,713.
What is the average home price in Livingston County, Michigan?
The typical home price in Livingston County, Michigan, reported as the median sale price, is $164,261. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Livingston County, Michigan?
The median gross rent in Livingston County, Michigan is $1,287 per month, higher than the Michigan average of $1,129.
What was the median gross rent in Livingston County in 2020?
In 2020, the median gross rent in Livingston County, Michigan was $1,066 per month.
What is the price-to-rent ratio in Livingston County, Michigan?
The price-to-rent ratio in Livingston County, Michigan is about 10.6, meaning it would take roughly 10.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Livingston County.
Are home prices or rent rising faster in Livingston County, Michigan?
Both home prices and rent are rising in Livingston County, up about 2.1% and 4.0% a year respectively. Rent is changing faster.
What is the homeownership rate in Livingston County, Michigan?
82.6% of households in Livingston County, Michigan own their home, higher than the Michigan average of 64.6%.
What is the vacancy rate in Livingston County, Michigan?
The housing vacancy rate in Livingston County, Michigan is 4.9%, lower than the Michigan average of 11.8%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →