Population: 23,933 · Density: 1,103.0/mi² · Median household income: $110,666
Typical home value: $333,773 · Homeownership: 72.0%
Data as of January 2026. Source: Realtor.com.
The NOVI, MI real estate market (48375) currently shows 43 active listings, with 17 pending sales. Homes are averaging 63 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 63 days on market compared to 50 days last year.
The median listing price has fallen 2.6% year-over-year, from $436,218 to $425,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48375 | Novi, MI 48375 | 0.0 mi | 43 | $17,711,743 | $425,000 | $411,901 |
| 48374 | Novi, MI 48374 | 3.1 mi | 15 | $13,514,100 | $749,500 | $900,940 |
| 48331 | Farmington, MI 48331 | 3.9 mi | 38 | $19,869,022 | $484,000 | $522,869 |
| 48152 | Livonia, MI 48152 | 5.3 mi | 59 | $18,577,684 | $254,500 | $314,876 |
| 48168 | Northville, MI 48168 | 5.7 mi | 55 | $47,095,070 | $600,000 | $856,274 |
| 48390 | Walled Lake, MI 48390 | 6.0 mi | 76 | $30,041,736 | $339,900 | $395,286 |
| 48154 | Livonia, MI 48154 | 6.6 mi | 48 | $16,860,288 | $349,900 | $351,256 |
| 48170 | Plymouth, MI 48170 | 7.6 mi | 86 | $61,700,700 | $535,000 | $717,450 |
| 48150 | Livonia, MI 48150 | 8.1 mi | 46 | $13,643,600 | $287,000 | $296,600 |
| 48240 | Redford, MI 48240 | 8.8 mi | 51 | $8,207,634 | $159,900 | $160,934 |
| 48033 | Southfield, MI 48033 | 9.0 mi | 39 | $9,338,433 | $217,500 | $239,447 |
| 48381 | Milford, MI 48381 | 9.4 mi | 82 | $50,957,096 | $575,000 | $621,428 |
| 48324 | West Bloomfield, MI 48324 | 9.8 mi | 43 | $47,021,790 | $395,000 | $1,093,530 |
As of January 2026, there are 43 active listings in NOVI, MI (zip code 48375), compared to 46 the prior year.
The median listing price in NOVI, MI 48375 is $425,000 as of January 2026, a 2.6% decrease from $436,218 the prior year.
Homes in NOVI, MI 48375 spend an average of 63 days on the market before going under contract, compared to 50 days the prior year.
Based on current inventory and days-on-market data as of January 2026, NOVI, MI 48375 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 63 days on market compared to 50 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48375 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.