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

$698,328

AVERAGE PRICE OF 132 HOMES

$589,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,428,934

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$1,043,640

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$532,723

AVERAGE PRICE OF 28 HOMES WITH A POOL

$831,333

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $698,328
Avg Bedrooms 3.55 beds
Avg Bathrooms 2.61 baths

Average Price by Bedrooms

1 bedroom $143,000
2 bedrooms $466,882
3 bedrooms $440,753
4 bedrooms $848,206
5 bedrooms $1,227,658
Novi Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 131 134 129 107 104
Average Price $601,299 $576,059 $601,709 $612,414 $576,491
Avg Price Change +4.38% -4.45% -1.78% +6.23% -0.23%
Median Price $503,795 $478,772 $513,005 $504,845 $484,315
Med Price Change +5.23% -7.15% +1.62% +4.24% +2.66%
Avg Bedrooms 3.39 beds 3.36 beds 3.36 beds 3.36 beds 3.25 beds
Avg Bathrooms 2.5 baths 2.41 baths 2.5 baths 2.48 baths 2.38 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 132 $698,328 84 days
Distressed Homes 1 $589,000 9 days
Multi-Million Dollar Homes 28 $1,428,934 118 days
Newly Built Homes 42 $1,043,640 184 days
Homes with a Pool 28 $532,723 43 days
Reduced Price Homes 3 $831,333 29 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
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 2023 Realcomp II Ltd. Shareholders
This site powered by CINC: www.cincpro.com

Accept Terms

To continue searching, you must agree to the Terms of Use.

Opt-In

For the best experience, please provide your cell phone number and select accept below to opt-in to our Terms & Conditions and Privacy Policy to begin receiving text and voice communications.

Share a Link

Create a Note

Select a Notebook

or make a new notebook

Loading


Loading...

Looks like your phone is invalid.

Would you like to update it?