If you need assistance, please call 800-417-0117

Novi Market Report

$524,309

AVERAGE PRICE OF 189 HOMES

$1,453,170

AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES

$602,647

AVERAGE PRICE OF 79 NEWLY BUILT HOMES

$452,033

AVERAGE PRICE OF 27 HOMES WITH A POOL

$735,979

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $524,309
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.54 baths

Average Price by Bedrooms

2 bedrooms $303,806
3 bedrooms $411,365
4 bedrooms $662,617
5 bedrooms $916,910
Novi Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 178 179 201 215 280
Average Price $551,002 $552,069 $553,612 $522,832 $502,055
Avg Price Change -0.19% -0.28% +5.89% +4.14% +3.23%
Median Price $475,867 $478,575 $482,695 $443,606 $448,727
Med Price Change -0.57% -0.86% +8.81% -1.15% -0.12%
Avg Bedrooms 3.4 beds 3.41 beds 3.49 beds 3.49 beds 3.52 beds
Avg Bathrooms 2.54 baths 2.5 baths 2.53 baths 2.59 baths 2.59 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 189 $524,309 80 days
Multi-Million Dollar Homes 10 $1,453,170 93 days
Newly Built Homes 79 $602,647 121 days
Homes with a Pool 27 $452,033 50 days
Reduced Price Homes 5 $735,979 56 days
Realty Concierge Group
Joel Schmidt, REALTOR®
420 W. Main St.
Brighton, MI 48116
800-417-0117

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