If you need assistance, please call 888-317-1671

Novi

Why you'd want to live in Novi

Novi is located about 25 miles northwest of Detroit, Michigan's largest city. Home to Suburban Collection Showplace, the largest privately owned Conference, Convention and Exhibition Center in Michigan, hosting a variety of events year round. Lakes, golf and trails offer a wide variety of recreational opportunities. Maybury State Park contains almost 1,000 acres of gently rolling terrain with an abundance of wildflowers and wildlife. via michigan.org

Novi Market Report

$536,279

AVERAGE PRICE OF 111 HOMES

$1,605,488

AVERAGE PRICE OF 8 MULTI-MILLION DOLLAR HOMES

$789,533

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$424,366

AVERAGE PRICE OF 24 HOMES WITH A POOL

$591,207

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $536,279
Avg Bedrooms 3.31 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $149,900
2 bedrooms $376,261
3 bedrooms $461,131
4 bedrooms $665,500
5 bedrooms $703,674
Novi Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 121 147 150 188 203
Average Price $557,871 $571,738 $558,622 $542,437 $533,611
Avg Price Change -2.49% +2.35% +2.98% +1.65% n/a
Median Price $475,859 $490,384 $476,434 $475,378 $485,290
Med Price Change -3.05% +2.93% +0.22% -2.09% n/a
Avg Bedrooms 3.36 beds 3.38 beds 3.33 beds 3.4 beds 3.4 beds
Avg Bathrooms 2.35 baths 2.42 baths 2.46 baths 2.51 baths 2.49 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 111 $536,279 72 days
Multi-Million Dollar Homes 8 $1,605,488 71 days
Newly Built Homes 29 $789,533 150 days
Homes with a Pool 24 $424,366 43 days
Reduced Price Homes 9 $591,207 82 days
Maxim Properties LLC | The Hall Team
Morris Hall REALTOR®
30665 Northwestern Hwy #110
Farmington Hills, MI 48334
888-317-1671

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 Morris Hall Jr - Maxim Properties, LLC - The Hall Team. Copyright 2022 Realcomp II Ltd. Shareholders
This site powered by CINC: www.cincpro.com