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Farmington Acres Meadowbrook

NORTHVILLE, MI 48167

Real Estate Market Report  ·  Wayne County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48167

Farmington Acres · Meadowbrook

Market Analysis

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

The NORTHVILLE, MI real estate market (48167) currently shows 92 active listings, with 31 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 37 days last year.

The median listing price has fallen 20.6% year-over-year, from $950,000 to $754,500.

Whether you are buying or selling in NORTHVILLE, 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.

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Market Context

Market Context

Population: 22,830  ·  Density: 453.7/mi²  ·  Median household income: $109,769

Typical home value: $405,253  ·  Homeownership: 72.9%

Market Overview

Active Listings
92
⇧ 22.7% vs 75 last year
Pending
31
34% pending ratio
Median Price
$754,500
⇩ 20.6% vs $950,000 last year
Average Price
$1,093,200
⇩ 20.8% vs $1,380,118 last year
Days on Market
58
⇧ 56.8% vs 37 days last year

Price Per Square Foot

Median $/sqft
$333
⇩ 1.5% vs $338/sqft last year
Median Home Size
2,290 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 92 this year vs 75 last year
  • Days on market: 58 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $754,500 (-20.6% YoY)
  • Average: $1,093,200 (-20.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.4 miles — 980 listings ($581,356,213 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48167Northville, MI 481670.0 mi88$99,746,680$832,450$1,133,485
48374Novi, MI 483742.5 mi19$15,823,295$699,250$832,805
48170Plymouth, MI 481704.6 mi87$63,318,426$524,950$727,798
48393Wixom, MI 483936.0 mi38$15,597,518$360,000$410,461
48178South Lyon, MI 481786.8 mi124$68,059,756$472,040$548,869
48187Canton, MI 481877.6 mi73$34,056,909$389,805$466,533
48152Livonia, MI 481528.0 mi66$19,064,034$254,675$288,849
48390Walled Lake, MI 483908.6 mi75$31,411,875$347,438$418,825
48381Milford, MI 483819.4 mi72$44,849,880$576,308$622,915
48185Westland, MI 4818510.1 mi82$19,633,834$229,900$239,437
48188Canton, MI 4818810.5 mi102$45,388,470$412,450$444,985
48382Commerce Township, MI 4838210.8 mi72$52,358,040$649,500$727,195
48105Ann Arbor, MI 4810511.4 mi82$72,047,496$651,975$878,628

Frequently Asked Questions

How many homes are for sale in NORTHVILLE, MI 48167?

As of March 2026, there are 92 active listings in NORTHVILLE, MI (zip code 48167), compared to 75 the prior year.

What is the median home price in NORTHVILLE, MI 48167?

The median listing price in NORTHVILLE, MI 48167 is $754,500 as of March 2026, a 20.6% decrease from $950,000 the prior year.

How long do homes stay on the market in NORTHVILLE, MI?

Homes in NORTHVILLE, MI 48167 spend an average of 58 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in NORTHVILLE, MI 48167?

Based on current inventory and days-on-market data as of March 2026, NORTHVILLE, MI 48167 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 37 days last year.

How much can I save on real estate commission in NORTHVILLE, MI?

With SELL123.com's maximum 3% commission, sellers in NORTHVILLE, MI 48167 save an estimated $15,090 compared to a typical 5% commission on the median listing price of $754,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.