Data as of February 2026. Source: Realtor.com.
The NOVI, MI real estate market (48375) currently shows 45 active listings, with 17 pending sales. Homes are averaging 30 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 30 days on market compared to 39 days last year.
The median listing price has risen 7.1% year-over-year, from $423,600 to $453,750.
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: 23,933 · Density: 1,103.0/mi² · Median household income: $110,666
Typical home value: $333,773 · Homeownership: 72.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48375 | Novi, MI 48375 | 0.0 mi | 43 | $17,711,743 | $425,000 | $411,901 |
| 48374 | Novi, MI 48374 | 3.1 mi | 15 | $13,514,100 | $749,500 | $900,940 |
| 48331 | Farmington, MI 48331 | 3.9 mi | 38 | $19,869,022 | $484,000 | $522,869 |
| 48152 | Livonia, MI 48152 | 5.3 mi | 59 | $18,577,684 | $254,500 | $314,876 |
| 48168 | Northville, MI 48168 | 5.7 mi | 55 | $47,095,070 | $600,000 | $856,274 |
| 48390 | Walled Lake, MI 48390 | 6.0 mi | 76 | $30,041,736 | $339,900 | $395,286 |
| 48154 | Livonia, MI 48154 | 6.6 mi | 48 | $16,860,288 | $349,900 | $351,256 |
| 48170 | Plymouth, MI 48170 | 7.6 mi | 86 | $61,700,700 | $535,000 | $717,450 |
| 48150 | Livonia, MI 48150 | 8.1 mi | 46 | $13,643,600 | $287,000 | $296,600 |
| 48240 | Redford, MI 48240 | 8.8 mi | 51 | $8,207,634 | $159,900 | $160,934 |
| 48033 | Southfield, MI 48033 | 9.0 mi | 39 | $9,338,433 | $217,500 | $239,447 |
| 48381 | Milford, MI 48381 | 9.4 mi | 82 | $50,957,096 | $575,000 | $621,428 |
| 48324 | West Bloomfield, MI 48324 | 9.8 mi | 43 | $47,021,790 | $395,000 | $1,093,530 |
As of February 2026, there are 45 active listings in NOVI, MI (zip code 48375), compared to 44 the prior year.
The median listing price in NOVI, MI 48375 is $453,750 as of February 2026, a 7.1% increase from $423,600 the prior year.
Homes in NOVI, MI 48375 spend an average of 30 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of February 2026, NOVI, MI 48375 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 30 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in NOVI, MI 48375 save an estimated $9,075 compared to a typical 5% commission on the median listing price of $453,750. 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.