Data as of July 2026. Source: Realtor.com.
The NOVI, MI real estate market (48375) currently shows 71 active listings, with 32 pending sales. Homes are averaging 35 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 35 days on market compared to 24 days last year.
The median listing price has fallen 6.1% year-over-year, from $489,900 to $459,950.
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: 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 July 2026, there are 71 active listings in NOVI, MI (zip code 48375), compared to 74 the prior year.
The median listing price in NOVI, MI 48375 is $459,950 as of July 2026, a 6.1% decrease from $489,900 the prior year.
Homes in NOVI, MI 48375 spend an average of 35 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 July 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 35 days on market compared to 24 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48375 save an estimated $9,199 compared to a typical 5% commission on the median listing price of $459,950. 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.