Data as of March 2026. Source: Realtor.com.
The NOVI, MI real estate market (48375) currently shows 59 active listings, with 21 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 6.4% year-over-year, from $456,500 to $427,500.
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: 23,933 · Density: 1,103.0/mi² · Median household income: $110,666
Typical home value: $333,773 · Homeownership: 72.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48375 | Novi, MI 48375 | 0.0 mi | 45 | $18,868,185 | $453,750 | $419,293 |
| 48374 | Novi, MI 48374 | 3.1 mi | 19 | $15,823,295 | $699,250 | $832,805 |
| 48331 | Farmington, MI 48331 | 3.9 mi | 42 | $20,076,504 | $429,472 | $478,012 |
| 48152 | Livonia, MI 48152 | 5.3 mi | 66 | $19,064,034 | $254,675 | $288,849 |
| 48168 | Northville, MI 48168 | 5.7 mi | 62 | $55,058,170 | $600,000 | $888,035 |
| 48390 | Walled Lake, MI 48390 | 6.0 mi | 75 | $31,411,875 | $347,438 | $418,825 |
| 48154 | Livonia, MI 48154 | 6.6 mi | 39 | $13,220,610 | $334,800 | $338,990 |
| 48170 | Plymouth, MI 48170 | 7.6 mi | 87 | $63,318,426 | $524,950 | $727,798 |
| 48150 | Livonia, MI 48150 | 8.1 mi | 36 | $10,555,596 | $289,950 | $293,211 |
| 48240 | Redford, MI 48240 | 8.8 mi | 53 | $8,699,738 | $158,950 | $164,146 |
| 48033 | Southfield, MI 48033 | 9.0 mi | 38 | $8,502,766 | $206,250 | $223,757 |
| 48381 | Milford, MI 48381 | 9.4 mi | 72 | $44,849,880 | $576,308 | $622,915 |
| 48324 | West Bloomfield, MI 48324 | 9.8 mi | 40 | $43,719,200 | $548,725 | $1,092,980 |
As of March 2026, there are 59 active listings in NOVI, MI (zip code 48375), compared to 54 the prior year.
The median listing price in NOVI, MI 48375 is $427,500 as of March 2026, a 6.4% decrease from $456,500 the prior year.
Homes in NOVI, MI 48375 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 March 2026, NOVI, MI 48375 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 48375 save an estimated $8,550 compared to a typical 5% commission on the median listing price of $427,500. 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.