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market report · 48375
Novi, MI · 48375
40 active listings$507,000 median ask$2,946 est. rent0.6% price/rent
$507,000
Median list price
$2,946/mo
Estimated rent
0.6%
Price / rent ratio
40
Listings
FHFA home price index · 2016–2025
75.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.59
Median rent / sqft
40 comps
$243.97
Median sold / sqft
40 comps
—
Walkability
4.6%
Area unemployment
BLS LAUS
Median household income $112,545 · median home value $376,900 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 56).
12 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
39762 Village Wood Cir, Novi, MI 48375
Novi, MI
$159,999$1,962/mo1.2%
24435 Bashian Dr, Novi, MI 48375
Novi, MI
$195,000$2,382/mo1.2%
22886 Talford St, Novi, MI 48375
Novi, MI
$189,900$1,865/mo1%
22559 Cranbrooke Dr, Novi, MI 48375
Novi, MI
$269,900$2,520/mo0.9%
24706 Bashian Dr, Novi, MI 48375
Novi, MI
$244,000$2,254/mo0.9%
23404 N Rockledge, Novi, MI 48375
Novi, MI
$217,000$1,960/mo0.9%