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Novi
  • Town in Michigan

Novi Real Estate Market

About Novi Real Estate

Housing
grade A minus
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Dense Suburban
Rent vs. Own
  • Rent
    33%
  • Own
    67%
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Homes for Sale

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Real Estate Costs

Median Home Value
$322,100
National
$217,500
Home Values
  • <$50k
    7%
  • $50-$99k
    2%
  • $100-$199k
    16%
  • $200-$399k
    41%
  • $400-$749k
    30%
  • $750k+
    3%
Median Rent
$1,347
National
$1,062
Monthly Rent
  • <$500
    1%
  • $500-$999
    23%
  • $1,000-$1,499
    36%
  • $1,500-$1,999
    19%
  • $2,000+
    21%
26%
of residents say housing is affordable. 27 responses

Home Quality

Poll
78%
of residents say the exterior quality of homes is good or excellent. 27 responses
Poll
78%
of residents say the interior quality of homes is good or excellent. 27 responses
56%
of residents say there is a good variety of homes. 27 responses
67%
of residents say there aren't any vacant or abandoned properties. 27 responses
78%
of residents say that parking is readily available. 27 responses

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Overview

Homes in Novi have a median value of $322,100. The median rent price in Novi is $1,347 and most residents own their homes. Novi is walkable, and there are a lot of restaurants, coffee shops, and parks nearby.

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