Novi MI Multi Family for Sale

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Novi Real Estate

The median home value in Novi, MI is $417,500. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Novi, MI is $417,500. Approximately 63.45% of Novi homes are owned, compared to 31.76% rented, while 4.79% are vacant. Novi real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Novi real estate agent to arrange a tour today!

Novi, Michigan 48374 has a population of 65,369. Novi 48374 is more family-centric than the surrounding county with 44.97% of the households containing married families with children. The county average for households married with children is 32.55%.

The median household income in Novi, Michigan 48374 is $100,311. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Novi 48374 is 39.8 years.

Novi Weather

The average high temperature in July is 82.3 degrees, with an average low temperature in January of 15.6 degrees. The average rainfall is approximately 32.5 inches per year, with 41.9 inches of snow per year.

Novi Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    31
    30-day change

Novi Schools and Demographics

Education near Novi, MI

Metric City County
High School Graduates 97.03 94.65
College Degree - 2 year 8.49 8.33
College Degree - 4 year 60.2 48.94
Graduate Degree 22.13 15.77
Expenditures per Student 15,188 15,188
Students per Teacher 17 17

Elementary Schools near Novi, MI

School Grades Students P/T Ratio ZIP
Amerman Elementary School KG - 05 546 17.5 48167
Deerfield Elementary School KG - 04 427 15.9 48374
Hickory Woods Elementary School KG - 05 593 18.2 48377
Loon Lake Elementary School KG - 05 516 17.6 48393
Meadowbrook Elementary School KG - 05 546 16.1 48377
Moraine Elementary School KG - 05 455 20 48167
Novi Woods Elementary School KG - 04 468 16.4 48374
Parkview Elementary School KG - 04 526 16.4 48374
Silver Springs Elementary School KG - 05 451 15.7 48167
Thornton Creek Elementary School KG - 05 469 14.9 48374
Village Oaks Elementary School KG - 04 453 15.9 48375
Wixom Elementary School KG - 05 478 17.2 48393

Middle Schools near Novi, MI

School Grades Students P/T Ratio ZIP
Hillside Middle School 06 - 08 1,023 24.9 48167
Novi Meadows School 05 - 06 1,001 16.6 48374
Novi Middle School 07 - 08 1,036 17 48374
Sarah G. Banks Middle School 06 - 08 849 19.7 48393

High Schools near Novi, MI

School Grades Students P/T Ratio ZIP
Novi High School 09 - 12 2,027 18 48375
Oakland Flextech Academy 09 - 12 80 23.8 48375

Ungraded Schools near Novi, MI

School Grades Students P/T Ratio ZIP
* Career Preparation 09 - 12 28 20 48374
* Novi Adult Education 09 - 12 41 13.1 48374
* Oakland Opportunity Academy 09 - 12 192 32.8 48393
Cooke School KG - 12 163 5.4 48167

Demographics near Novi, MI 48374

Metric Zip Code City
Neighborhood Type Suburban
Population 65,369 1,271,983
Population Density 2,161 1,466
Median Age 39.8 41
People per Household 2.5 2.4
Median Household Income 100,311 86,275
Average Income per Capita 55,807 49,012