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

Novi Market Report

$654,612

AVERAGE PRICE OF 127 HOMES

$1,395,568

AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

$1,091,998

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$348,876

AVERAGE PRICE OF 25 HOMES WITH A POOL

$706,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $654,612
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

2 bedrooms $387,853
3 bedrooms $421,511
4 bedrooms $929,198
5 bedrooms $1,151,511
Novi Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 110 106 102 117 129
Average Price $716,861 $765,641 $786,339 $735,091 $730,357
Avg Price Change -6.80% -2.70% +6.97% +0.65% +2.49%
Median Price $552,874 $577,999 $620,000 $606,844 $600,446
Med Price Change -4.54% -7.27% +2.17% +1.07% +4.88%
Avg Bedrooms 3.39 beds 3.59 beds 3.62 beds 3.52 beds 3.54 beds
Avg Bathrooms 2.69 baths 2.81 baths 2.88 baths 2.74 baths 2.72 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 127 $654,612 70 days
Multi-Million Dollar Homes 26 $1,395,568 182 days
Newly Built Homes 39 $1,091,998 154 days
Homes with a Pool 25 $348,876 49 days
Reduced Price Homes 2 $706,500 27 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 2024 Realcomp II Ltd. Shareholders
This site powered by CINC: www.cincpro.com