Data as of April 2026. Source: Realtor.com.
The NOVI, MI real estate market (48374) currently shows 24 active listings, with 13 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.
The median listing price has fallen 3.5% year-over-year, from $704,925 to $679,950.
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.
Population: 18,125 · Density: 771.3/mi² · Median household income: $179,940
Typical home value: $534,616 · Homeownership: 89.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48374 | Novi, MI 48374 | 0.0 mi | 19 | $15,823,295 | $699,250 | $832,805 |
| 48375 | Novi, MI 48375 | 3.1 mi | 45 | $18,868,185 | $453,750 | $419,293 |
| 48393 | Wixom, MI 48393 | 3.7 mi | 38 | $15,597,518 | $360,000 | $410,461 |
| 48165 | New Hudson, MI 48165 | 5.1 mi | 41 | $19,192,264 | $539,950 | $468,104 |
| 48335 | Farmington, MI 48335 | 6.2 mi | 29 | $12,318,823 | $349,500 | $424,787 |
| 48170 | Plymouth, MI 48170 | 7.1 mi | 87 | $63,318,426 | $524,950 | $727,798 |
| 48178 | South Lyon, MI 48178 | 7.4 mi | 124 | $68,059,756 | $472,040 | $548,869 |
| 48382 | Commerce Township, MI 48382 | 8.3 mi | 72 | $52,358,040 | $649,500 | $727,195 |
| 48336 | Farmington, MI 48336 | 9.0 mi | 76 | $26,961,532 | $294,250 | $354,757 |
| 48154 | Livonia, MI 48154 | 9.2 mi | 39 | $13,220,610 | $334,800 | $338,990 |
| 48323 | West Bloomfield, MI 48323 | 10.2 mi | 43 | $40,718,248 | $719,700 | $946,936 |
| 48150 | Livonia, MI 48150 | 10.5 mi | 36 | $10,555,596 | $289,950 | $293,211 |
| 48185 | Westland, MI 48185 | 11.7 mi | 82 | $19,633,834 | $229,900 | $239,437 |
As of April 2026, there are 24 active listings in NOVI, MI (zip code 48374), compared to 19 the prior year.
The median listing price in NOVI, MI 48374 is $679,950 as of April 2026, a 3.5% decrease from $704,925 the prior year.
Homes in NOVI, MI 48374 spend an average of 34 days on the market before going under contract, compared to 24 days the prior year.
Based on current inventory and days-on-market data as of April 2026, NOVI, MI 48374 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48374 save an estimated $13,599 compared to a typical 5% commission on the median listing price of $679,950. 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.