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 48377 has a population of 65,369. Novi 48377 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 48377 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 48377 is 39.8 years.
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.