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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

$375,977

AVERAGE PRICE OF 18 HOMES

$867,450

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$261,950

AVERAGE PRICE OF 2 HOMES WITH A POOL

Average Home

Average Price $375,977
Avg Bedrooms 2.44 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

2 bedrooms $248,960
3 bedrooms $371,842
4 bedrooms $749,950
5 bedrooms $935,000
Novi Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 15 12 n/a 1 n/a
Average Price $387,423 $406,177 n/a $450,000 n/a
Avg Price Change -4.84% n/a n/a n/a n/a
Median Price $314,029 $353,800 n/a $450,000 n/a
Med Price Change -12.66% n/a n/a n/a n/a
Avg Bedrooms 2.6 beds 2.71 beds n/a 4 beds n/a
Avg Bathrooms 2.19 baths 2.38 baths n/a 3 baths n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 18 $375,977 36 days
Newly Built Homes 2 $867,450 57 days
Homes with a Pool 2 $261,950 41 days
Bellabay Realty Tri-Counties
37361 Eight Mile Rd
Livonia, MI 48152
248-274-6614

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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