Novi, MI

Seller's market-19.0% YoY

Housing market overview · Updated weekly

$353,000median sale price

Homes sold

32

Last 12 weeks

Days on market

22

Average pace

Active listings

64

2.0 months supply

Sale-to-list

99.1%

Below asking

The Novi housing market is currently classified as a seller's market with a median sale price of $353,000. Prices have fallen 19.0% compared to last year, with homes spending an average of 22 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Novi

There are currently 64 homes listed for sale in Novi, Michigan. The median listing price is $410K. Featured listings range from $230,000 to $850,000.

2 bedroom condo for sale at 23659 Stonehenge Blvd Novi 48375 - $230,000
New listing
26
$230,000

23659 Stonehenge Blvd

Novi, MI 48375

2 bd2 ba1,771 sqft
Condo
Est. $256KSold 2003 for $133K

Janet Mcallister · The Charles Reinhart Company

More about this property
3 bedroom townhouse for sale at 42142 Roscommon St Novi 48167 - $319,998
New listing
34
$319,998

42142 Roscommon St

Novi, MI 48167

3 bd2 ba1,522 sqft
Townhouse
Est. $322KSold 2024 for $295K

National Realty Centers, Inc

More about this property
3 bedroom house for sale at 43440 Cottisford St Novi 48167 - $465,000
New listing
39
$465,000

43440 Cottisford St

Novi, MI 48167

3 bd2 ba1,561 sqft
House42,253 sqft lot
Est. $429KSold 2020 for $280K

Keith Brandt · Brandt Real Estate

More about this property
3 bedroom condo for sale at 30249 Viewcrest Dr Novi 48377 - $465,000
New listing
31
$465,000

30249 Viewcrest Dr

Novi, MI 48377

3 bd3 ba1,850 sqft
Condo
Est. $444KSold 2009 for $240K

Anthony Djon Luxury Real Estate

More about this property
3 bedroom condo for sale at 26459 Fieldstone Dr Unit 30 Novi 48374 - $500,000
New listing
7
$500,000

26459 Fieldstone Dr Unit 30

Novi, MI 48374

3 bd2 ba2,332 sqft
Condo

RE/MAX Classic

More about this property
3 bedroom house for sale at 24707 Picara Dr Novi 48374 - $525,000
New listing
42
$525,000

24707 Picara Dr

Novi, MI 48374

3 bd2 ba1,954 sqft
House10,019 sqft lot
Est. $492KSold 2019 for $350K

@properties Christie's Int'l RE Northville

More about this property
4 bedroom townhouse for sale at 42810 Atwood Ave Novi 48375 - $537,990
New listingNew build
34
$537,990

42810 Atwood Ave

Novi, MI 48375

4 bd4 ba2,179 sqft
Townhouse
More about this property
4 bedroom townhouse for sale at 25424 Orwell St Novi 48375 - $560,990
New listingNew build
23
$560,990

25424 Orwell St

Novi, MI 48375

4 bd4 ba2,223 sqft
Townhouse
More about this property
4 bedroom townhouse for sale at 42806 Atwood Ave Novi 48375 - $582,990
New listingNew build
36
$582,990

42806 Atwood Ave

Novi, MI 48375

4 bd4 ba2,223 sqft
Townhouse
More about this property
4 bedroom house for sale at 22426 Moorgate St Novi 48374 - $699,900
New listing
50
$699,900

22426 Moorgate St

Novi, MI 48374

4 bd2 ba2,715 sqft
House12,632 sqft lot
Est. $717KSold 2021 for $525K

KW Professionals

More about this property
5 bedroom house for sale at 29750 Martell Ct Novi 48377 - $779,999
New listing
72
$779,999

29750 Martell Ct

Novi, MI 48377

5 bd4 ba3,249 sqft
House20,038 sqft lot
Est. $614KSold 2009 for $309K

Max Broock, REALTORS(R)-Birmingham

More about this property
4 bedroom house for sale at 24527 Perceval Ln Novi 48375 - $850,000
New listing
79
$850,000

24527 Perceval Ln

Novi, MI 48375

4 bd4 ba3,421 sqft
House11,761 sqft lot
Est. $777KSold 2015 for $485K

Berkshire Hathaway HomeServices Kee Realty Bham

More about this property

Looking to buy in Novi?

Get connected with a local real estate expert — free, no obligation.

Active listings

64

Homes on market

Median list price

$410K

Avg. days on market

22

Days until sale

New this week

45

Newly listed

Price drops:21.9%of listings
Sale-to-list:99.1%

Explore nearby cities in MI

Frequently asked questions

What is the average home price in Novi?

The median home sale price in Novi is $353,000, down 19.0% from last year.

How long do homes stay on market in Novi?

Homes typically spend 22 days on market before going under contract.

Is Novi a buyer's or seller's market?

With 2.0 months of supply, Novi is currently a seller's market.

How many homes are for sale in Novi?

There are currently 64 homes listed for sale in Novi, MI.

Get Novi market alerts

Weekly updates on prices, inventory, and trends. Free forever.