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Novi

Why you'd want to live in Novi

One of Michigan's cities with the fastest population growth is Novi. When visiting Novi and the surrounding villages, there are many things to do, including shopping, parks, and fine dining establishments. via michigan.org

Novi Market Report

$476,531

AVERAGE PRICE OF 105 HOMES

$1,427,000

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$744,342

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$337,320

AVERAGE PRICE OF 5 HOMES WITH A POOL

$419,950

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $476,531
Avg Bedrooms 2.32 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

2 bedrooms $396,066
3 bedrooms $456,087
4 bedrooms $645,110
5 bedrooms $1,099,967
Novi Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 107 114 112 110 109
Average Price $462,401 $526,816 $548,677 $607,249 $633,911
Avg Price Change -13.93% -4.15% -10.68% -4.39% +17.30%
Median Price $435,343 $457,026 $478,021 $516,145 $529,500
Med Price Change -4.98% -4.59% -7.98% -2.59% +11.93%
Avg Bedrooms 2.26 beds 2.47 beds 2.63 beds 2.69 beds 2.69 beds
Avg Bathrooms 2.17 baths 2.33 baths 2.44 baths 2.5 baths 2.6 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Novi 2 $294,900 277 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 105 $476,531 105 days
Multi-Million Dollar Homes 5 $1,427,000 96 days
Newly Built Homes 26 $744,342 128 days
Homes with a Pool 5 $337,320 37 days
Reduced Price Homes 4 $419,950 51 days
Keller Williams Advantage
Alex Yacoub
39500 Orchard Hill Place
Novi, MI 48375
248-933-3161

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