Avg. Home Value
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($56,543.00)
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1.23%
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Mo. vs Mo.
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$243,357.00
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Ending 5/2025
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Days On Market
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15
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2.07%
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Mo. vs Mo.
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14
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Ending 5/2025
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Novi Real Estate
Demographics
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Month / Year
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Days On Market
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Trend
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May, 2025
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14
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↓%
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Apr, 2025
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29
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↓%
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Mar, 2025
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69
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↓%
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Feb, 2025
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123
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↑%
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Jan, 2025
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123
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↑%
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Dec, 2024
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0
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Avg. Bathrooms:
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2.50
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Avg. Bedrooms:
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3.75
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Average SQ Feet:
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1,806
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Average $/SQFoot:
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Nearby Areas by Zip
Zip Code | Avg. Home Value | Mo. vs Mo. | 48116 | $69,900.00 | 4.29% |
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Homes for Sale Near
Novi

Top Novi
Area Schools

Novi
Real Estate by Category

Novi
Market Summary

Novi's Population and Demographics: The average home value for Novi, MI in May, 2025 was $243,357.00 which is down from the previous month by ($56,543.00) or 1.23%. The average days on market for the same time period was 14, up by 15 or 2.07%. The Novi, MI market currently has approximately 1 residential homes for sale, {CountRental} properties available for rent and {CountVML} vacant land or lots ready for new construction. The average price per square foot in Novi, MI is $0.03. The average home in Novi, MI as 3.75 bedrooms, 2.50 bathrooms, and is approximately 1,806sq.ft.
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