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Novi

Why you'd want to live in Novi

Living in Novi, Michigan A Dynamic Community with Small-Town Charm and Big-City Access Novi, Michigan, is one of Southeast Michigan’s most desirable places to live, offering a perfect balance of community warmth, convenience, and opportunity. Known for its top-rated schools, diverse neighborhoods, and thriving business district, Novi continues to attract families, professionals, and investors who value both quality of life and long-term property growth. Education Excellence Novi is home to the highly acclaimed Novi Community School District, consistently ranked among the best in Michigan. Families are drawn to the district’s outstanding academic performance, innovative programs, and commitment to student success. Novi also offers proximity to several private and charter schools, as well as nearby higher education opportunities such as Oakland Community College and Walsh College. Housing & Neighborhoods From luxury estates and new-construction subdivisions to charming single-family homes, townhomes, and condominiums, Novi offers housing to suit every lifestyle. Neighborhoods are thoughtfully designed with parks, trails, and family-friendly amenities, creating a strong sense of community. Many developments also feature lakes, golf courses, and nature preserves — blending modern living with natural beauty. Shopping, Dining & Entertainment Novi is a hub for shopping and entertainment in Metro Detroit. The Twelve Oaks Mall and Twelve Mile Crossing at Fountain Walk offer premier retail, restaurants, and entertainment venues. Dining options range from local favorites to international cuisine, reflecting the city’s vibrant diversity. Residents also enjoy easy access to theaters, fitness centers, and year-round community events. Parks & Recreation Outdoor lovers appreciate Novi’s well-maintained parks, trails, and recreational facilities. Lakeshore Park, Rotary Park, and ITC Community Sports Park provide walking trails, sports fields, beaches, and picnic areas.

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Novi Market Report

$538,493

AVERAGE PRICE OF 129 HOMES

$508,725

AVERAGE PRICE OF 120 DISTRESSED HOMES

$1,704,609

AVERAGE PRICE OF 11 MULTI-MILLION DOLLAR HOMES

$925,493

AVERAGE PRICE OF 23 NEWLY BUILT HOMES

$709,093

AVERAGE PRICE OF 16 HOMES WITH A POOL

$447,376

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $538,493
Avg Bedrooms 2.85 beds
Avg Bathrooms 2.74 baths

Average Price by Bedrooms

1 bedroom $169,900
2 bedrooms $370,000
3 bedrooms $428,280
4 bedrooms $808,141
5 bedrooms $873,500
Novi Home Price Trends
  2/2026 1/2026 12/2025 11/2025 10/2025
Total Listings 110 103 130 149 145
Average Price $498,455 $495,462 $523,292 $545,695 $572,194
Avg Price Change +0.60% -5.62% -4.28% -4.86% -2.83%
Median Price $399,971 $434,532 $451,577 $475,525 $498,674
Med Price Change -8.64% -3.92% -5.30% -4.87% -0.67%
Avg Bedrooms 2.73 beds 2.81 beds 2.86 beds 2.97 beds 3.06 beds
Avg Bathrooms 2.63 baths 2.69 baths 2.7 baths 2.85 baths 2.93 baths
Total Homes Average Price Avg Days on Site
All Homes 129 $538,493 68 days
Distressed Homes 120 $508,725 68 days
Multi-Million Dollar Homes 11 $1,704,609 119 days
Newly Built Homes 23 $925,493 77 days
Homes with a Pool 16 $709,093 47 days
Reduced Price Homes 5 $447,376 43 days
Real Estate One
Hulya Garvett REALTOR®
410 N Center St.
Northville, MI 48167
248-760-0117

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