Call or Text (240) SELL-123
City / Town Overview

Novi, MI

Aggregate real estate market report across all ZIPs in scope
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
78
⇩ 13.3% vs 90 last year
Pending
29
37% pending ratio
Median Price
$472,981
⇩ 7.3% vs $510,148 last year
Average Price
$529,379
⇩ 7.3% vs $571,337 last year
Days on Market
63.4
⇧ 40.6% vs 45 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Novi, MI real estate market currently shows 78 active listings, with 29 pending sales. Homes are averaging 63.4 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 63.4 days on market compared to 45.1 days last year.

The median listing price has fallen 7.3% year-over-year, from $510,148 to $472,981.

Whether you are buying or selling in Novi, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Novi, MI and connect with motivated buyers & sellers.
Contact SELL123.com →

Included Areas

Novi: 48374, 48375, 48376, 48377

Market Context

ZIP coverage: 4  ·  Population: 61,141  ·  Median household income: $121,142

Typical home value: $386,809  ·  Homeownership rate: 70.2%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings