If you need assistance, please call 734-464-7111

Novi Market Report

$739,247

AVERAGE PRICE OF 172 HOMES

$725,724

AVERAGE PRICE OF 147 DISTRESSED HOMES

$1,787,021

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$1,169,416

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$849,866

AVERAGE PRICE OF 30 HOMES WITH A POOL

$950,411

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $739,247
Avg Bedrooms 3.34 beds
Avg Bathrooms 3.29 baths

Average Price by Bedrooms

2 bedrooms $458,181
3 bedrooms $454,543
4 bedrooms $765,923
5 bedrooms $1,388,432
Novi Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 151 153 n/a n/a n/a
Average Price $718,325 $686,014 n/a n/a n/a
Avg Price Change +4.71% n/a n/a n/a n/a
Median Price $591,487 $559,900 n/a n/a n/a
Med Price Change +5.64% n/a n/a n/a n/a
Avg Bedrooms 3.22 beds 3.2 beds n/a n/a n/a
Avg Bathrooms 3.13 baths 3.03 baths n/a n/a n/a
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 172 $739,247 40 days
Distressed Homes 147 $725,724 37 days
Multi-Million Dollar Homes 31 $1,787,021 52 days
Newly Built Homes 35 $1,169,416 73 days
Homes with a Pool 30 $849,866 31 days
Reduced Price Homes 9 $950,411 32 days
Century 21 ROW - Livonia
37172 Six Mile Road
Livonia, MI 48152
734-464-7111
Century 21 ROW - West Bloomfield
6611 Commerce Road
West Bloomfield, MI 48324
248-360-9100

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