Homes in Livingston County sold for higher prices in April. Here's how much

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2 days ago

Newly released data from Realtor.com for April shows potential buyers and sellers in Livingston County saw higher home sales prices than the previous month's median of $379,900.
The median home sold for $483,100, an analysis of data from Realtor.com shows. That means April, the most recent month for which figures are available, was up 27.2% from March.
Compared to April 2024, the median home sales price was up 39.4% compared to $346,500.
Realtor.com sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.livingstondaily.com.
Looking only at single-family homes, the $397,500 median selling price in Livingston County was down 1.9% in April from $405,000 the month prior. Since April 2024, the sales price of single-family homes was up 13.3% from a median of $350,722. Four single-family homes sold for $1 million or more during the month, compared to three recorded transactions of at least $1 million in April 2024.
Condominiums and townhomes increased by 53.7% in sales price during April to a median of $538,000 from $349,950 in March. Compared to April 2024, the sales price of condominiums and townhomes was up 65.6% from $324,950. Two condominiums or townhomes sold for $1 million or more during the month, compared to one recorded transaction of at least $1 million in April 2024.
In April, the number of recorded sales in Livingston County rose by 25.7% since April 2024 — from 214 to 269. All residential home sales totaled $128.6 million.
Across Michigan, homes sold at a median of $240,030 during April, up 3.2% from $232,607 in March. There were 10,478 recorded sales across the state during April, down 4.1% from 10,921 recorded sales in April 2024.
The total value of recorded residential home sales in Michigan increased by 24.2% from $2.6 billion in March to $3.2 billion this April.
Of all residential home sales in Michigan, 1.73% of homes sold for at least $1 million in April, up from 1.24% in April 2024.
Sales prices of single-family homes across Michigan increased by 1.3% from a median of $223,997 in March to $226,875 in April. Since April 2024, the sales price of single-family homes across the state was up 3.6% from $218,905.
Across the state, the sales price of condominiums and townhomes rose 6.6% from a median of $294,762 in March to $314,295 during April. The median sales price of condominiums and townhomes is up 13.3% from the median of $277,375 in April 2024.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI Team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Livingston Daily: Homes in Livingston County sold for higher prices in April. Here's how much