Data as of September 2026. Source: Realtor.com.
The NOVI, MI real estate market (48377) currently shows 46 active listings, with 12 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.
Homes are selling faster, averaging 25 days on market compared to 42 days last year.
The median listing price has fallen 12.7% year-over-year, from $422,450 to $368,725.
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 September 2026, there are 46 active listings in NOVI, MI (zip code 48377), compared to 34 the prior year.
The median listing price in NOVI, MI 48377 is $368,725 as of September 2026, a 12.7% decrease from $422,450 the prior year.
Homes in NOVI, MI 48377 spend an average of 25 days on the market before going under contract, compared to 42 days the prior year.
Based on current inventory and days-on-market data as of September 2026, NOVI, MI 48377 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 25 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48377 save an estimated $7,375 compared to a typical 5% commission on the median listing price of $368,725. 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.