Data as of March 2026. Source: Realtor.com.
The NOVI, MI real estate market (48377) currently shows 20 active listings, with 8 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 35 days on market compared to 42 days last year.
The median listing price has fallen 14.8% year-over-year, from $439,950 to $374,900.
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 March 2026, there are 20 active listings in NOVI, MI (zip code 48377), compared to 22 the prior year.
The median listing price in NOVI, MI 48377 is $374,900 as of March 2026, a 14.8% decrease from $439,950 the prior year.
Homes in NOVI, MI 48377 spend an average of 35 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 March 2026, NOVI, MI 48377 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 42 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48377 save an estimated $7,498 compared to a typical 5% commission on the median listing price of $374,900. 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.