The great news for long-time homeowners is not-so-good for first-time home buyers struggling to save for down payments and contend with current interest rates, as the value of Livingston County’s housing stock continues to grow at an impressive clip.
Depending on where you live in Livingston County, home values have increased 4.3% to 9.6% in the past year, while the average American home value has risen from $287,000 to $450,000 in the past 5 years.
Here is the data available for Livingston County ZIP codes, as reported in The Washington Post.
ZIP / Change since 2023 / Average home value
48114: +4.3%; ave. value = $438K
48116: +4.3%; ave. value = $400K
48169: +4.6%; ave. value = $386K
48178: +8.5%; ave. value = $456K
48189: +5.1%; ave. value = $372K
48836: +6.3%; ave. value = $306K
48430: +9.6%; ave. value = $370K
48843: +5.2%; ave. value = $366K
48451: +6.8%; ave. value = $337K
48855: +7.1%; ave. value = $462K
The analysis, published in The Washington Post, is based on Home Price Index (HPI) data provided by the mortgage technology division of ICE. HPI represents the average home value and is based on price levels derived from a weighted, repeat-sales index measures average price changes in repeat sales or refinancing. The data included the 1,952 counties and 10,875 Zip codes with the highest volume of monthly sales.
