Data as of July 2026. Source: Realtor.com.
The NOVI, MI real estate market (48377) currently shows 49 active listings, with 17 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 33 days on market compared to 40 days last year.
The median listing price has fallen 26.1% year-over-year, from $497,499 to $367,495.
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: 19,083 · Density: 767.1/mi² · Median household income: $78,433
Typical home value: $312,936 · Homeownership: 49.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48377 | Novi, MI 48377 | 0.0 mi | 16 | $7,722,624 | $353,500 | $482,664 |
| 48390 | Walled Lake, MI 48390 | 3.1 mi | 75 | $31,411,875 | $347,438 | $418,825 |
| 48374 | Novi, MI 48374 | 3.6 mi | 19 | $15,823,295 | $699,250 | $832,805 |
| 48335 | Farmington, MI 48335 | 4.7 mi | 29 | $12,318,823 | $349,500 | $424,787 |
| 48167 | Northville, MI 48167 | 5.8 mi | 88 | $99,746,680 | $832,450 | $1,133,485 |
| 48334 | Farmington, MI 48334 | 6.3 mi | 47 | $17,157,162 | $314,675 | $365,046 |
| 48336 | Farmington, MI 48336 | 7.0 mi | 76 | $26,961,532 | $294,250 | $354,757 |
| 48165 | New Hudson, MI 48165 | 7.3 mi | 41 | $19,192,264 | $539,950 | $468,104 |
| 48324 | West Bloomfield, MI 48324 | 7.5 mi | 40 | $43,719,200 | $548,725 | $1,092,980 |
| 48154 | Livonia, MI 48154 | 9.1 mi | 39 | $13,220,610 | $334,800 | $338,990 |
| 48033 | Southfield, MI 48033 | 9.8 mi | 38 | $8,502,766 | $206,250 | $223,757 |
| 48301 | Bloomfield Hills, MI 48301 | 10.0 mi | 37 | $65,405,381 | $1,399,750 | $1,767,713 |
| 48170 | Plymouth, MI 48170 | 10.1 mi | 87 | $63,318,426 | $524,950 | $727,798 |
As of July 2026, there are 49 active listings in NOVI, MI (zip code 48377), compared to 39 the prior year.
The median listing price in NOVI, MI 48377 is $367,495 as of July 2026, a 26.1% decrease from $497,499 the prior year.
Homes in NOVI, MI 48377 spend an average of 33 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of July 2026, NOVI, MI 48377 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 40 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48377 save an estimated $7,350 compared to a typical 5% commission on the median listing price of $367,495. 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.