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House Prices & Home Values Novi, MI 2026Average Data
01/19/2026 - The value range (VR) for house prices in Novi, MI is $191/ sqft to $206/ sqft. An average home with 2010 sqft costs approximately $383,910 to $414,060. Novi, MI includes 3 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48374, while the highest are in ZIP 48375. The average price per sqare feet is $200. Our analysis is based on 154 property listings. Avergage prices by ZIP codes Novi
House prices by neighborhoods in Novi
Historical development of home values in Novi
Graph: estimated home values in Novi over time (USD)Example: 100% financing house in NoviLoan amount: $400,271 Interest rate: 6.00% Fixed monthly payment: $2,399.83
Breakdown in the 1st month: Yearly breakdown (100% financing)
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included. How to sell in Novi, MI
In 2026, houses in Novi, MI will be offered at an average price of $200 per square foot. A 1,500 sqft home priced at $363,001 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $772,201. Home prices in Novi, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $534,600. Sellers who can wait longer may achieve a higher price of up to $653,400. Discover Novi, MIPrime Location and LifestyleNovi, MI is a vibrant Metro Detroit suburb known for its balanced blend of convenience, community, and innovation. Located at the crossroads of I-96, I-275, and M-5, Novi, Michigan offers quick commutes to Detroit, Ann Arbor, and the region?s major employers. Residents appreciate a high quality of life with diverse neighborhoods, modern amenities, and a strong local economy. Shopping, Dining, and EntertainmentShoppers flock to Twelve Oaks Mall and the nearby retail corridors, making Novi, MI a regional destination for brands, boutiques, and services. The Suburban Collection Showplace hosts conventions, auto shows, and community expos that energize the local calendar year-round. From chef-driven restaurants to casual eateries and international cuisine, Novi?s dining scene offers flavors for every taste and budget. Parks, Schools, and BusinessOutdoor lovers enjoy Lakeshore Park, scenic trails, and well-maintained athletic fields that support an active, family-friendly lifestyle. Novi?s highly rated schools and abundant youth programs make it a sought-after place to raise a family in Southeast Michigan. A growing business ecosystem anchored by technology, healthcare, and automotive suppliers fosters career opportunities and entrepreneurship. With varied housing options, safe neighborhoods, and ongoing city improvements, Novi, Michigan continues to thrive as one of Metro Detroit?s premier communities. FAQ – Home Values in NoviWhat is the median home value in Novi in 2026?In 2026, the typical home value in Novi is about $400,271 for an average home size of 2010 square feet. This corresponds to an average price of roughly $200 per square foot. What is the average cost per square foot in Novi?In 2026, homes in Novi sell for an average of around $200 per square foot, with a typical range between $191 and $206 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in ?The average home size in Novi is about 2010 square feet, with an estimated 2026 value around $400,271. Locations close to Novi, MI
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