Data as of September 2026. Source: Realtor.com.
The NOVI, MI real estate market (48375) currently shows 72 active listings, with 25 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.
The median listing price has fallen 14.2% year-over-year, from $480,425 to $412,200.
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 September 2026, there are 72 active listings in NOVI, MI (zip code 48375), compared to 66 the prior year.
The median listing price in NOVI, MI 48375 is $412,200 as of September 2026, a 14.2% decrease from $480,425 the prior year.
Homes in NOVI, MI 48375 spend an average of 35 days on the market before going under contract, compared to 33 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NOVI, MI 48375 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48375 save an estimated $8,244 compared to a typical 5% commission on the median listing price of $412,200. 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.