If you need assistance, please call 248-274-6614

Novi

Why you'd want to live in Novi

Novi was incorporated as a city in 1969. It annexed sections of the Novi Township during the 1970s, which led to a lengthy legal battle in which the final judgment was given in favor of the city of Novi. Another significant development in 1970s was the building of the Twelve Oaks Mall, which paved the way for the rapid development of the area. Novi and nearby Attractions: Motorsports Hall of Fame Proud Lake State Recreation Area Highland Recreation Area Walled Lake Farmington Country Club Bob-O-Link Golf Club

Novi Market Report

$566,844

AVERAGE PRICE OF 160 HOMES

$572,246

AVERAGE PRICE OF 140 DISTRESSED HOMES

$2,146,000

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$798,121

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$322,940

AVERAGE PRICE OF 20 HOMES WITH A POOL

$371,300

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $566,844
Avg Bedrooms 2.99 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

2 bedrooms $315,218
3 bedrooms $447,033
4 bedrooms $752,143
5 bedrooms $782,760
Novi Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 136 119 116 124 136
Average Price $585,921 $621,302 $602,975 $602,922 $582,777
Avg Price Change -6.04% +3.04% +0.01% +3.46% +2.64%
Median Price $499,833 $498,578 $473,249 $482,218 $495,992
Med Price Change +0.25% +5.35% -1.90% -2.86% +1.71%
Avg Bedrooms 2.97 beds 3 beds 3 beds 3.03 beds 3 beds
Avg Bathrooms 2.94 baths 3.02 baths 3.02 baths 3.02 baths 2.98 baths
Total Homes Average Price Avg Days on Site
All Homes 160 $566,844 55 days
Distressed Homes 140 $572,246 57 days
Multi-Million Dollar Homes 10 $2,146,000 64 days
Newly Built Homes 29 $798,121 92 days
Homes with a Pool 20 $322,940 30 days
Reduced Price Homes 3 $371,300 43 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. .IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Provided through IDX through Realcomp II Ltd. Courtesy of Bellabay Realty Caledonia - PRO PLUS - Mike Balsitis - findwestmichiganhouses.com. Copyright 2025 Realcomp II Ltd. Shareholders
This site powered by CINC: www.cincpro.com