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market report · 48377
Novi, MI · 48377
24 active listings$409,950 median ask$3,016 est. rent0.7% price/rent
$409,950
Median list price
$3,016/mo
Estimated rent
0.7%
Price / rent ratio
24
Listings
FHFA home price index · 2016–2025
71.2% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.57
Median rent / sqft
24 comps
$233.78
Median sold / sqft
24 comps
—
Walkability
4.6%
Area unemployment
BLS LAUS
Median household income $83,104 · median home value $350,600 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 57).
8 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
26973 Barra, Novi, MI 48377
Novi, MI
$99,900$2,413/mo2.4%
45000 Bayview Dr, Novi, MI 48377
Novi, MI
$175,000$2,109/mo1.2%
41993 Arrowhead Dr, Novi, MI 48377
Novi, MI
$309,900$2,583/mo0.8%
41647 Mitchell Rd, Novi, MI 48377
Novi, MI
$330,000$2,749/mo0.8%
41874 Cantebury Dr, Novi, MI 48377
Novi, MI
$275,000$2,263/mo0.8%
1667 Harbor Cv, Novi, MI 48377
Novi, MI
$379,900$3,040/mo0.8%