Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
1
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$359,847
+5.2%
Since Sep 2024
Range: $297,731-$412,155
Evaluated August 6, 2025
1 Year
5 Years
The Xome Value® is an investor-grade valuation that helps you better estimate the true value of a property.
Xome Value® is not a guarantee of a property's value (see
Disclaimers for further details).
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Property Facts
27155 S Karevich Dr, Novi, MI is a residential (general) (single) home that contains 16,406 Sq. Ft. and was built in 1979. This home last sold for $1,425,000 on 3/8/2011.
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County:OAKLAND
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Year Built:1979
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Living Area:16,406 Sq. Ft.
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Lot Size:252,212 Sq. Ft.
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Zone:-
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Parcel:50-22-15-200-093
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Bedrooms:-
-
Bathrooms:-
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Owner:PICO INVESTMENT LTD
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Property History
Price History
Date
Event
Price
Source
11/1/2019
Sold
$218,000
Public Records
2/28/2017
Sold
$57,500
Public Records
4/10/2002
Sold
$92,500
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$1,971 (0%)
$134,158 (+2.97%)
2023
$1,971 (+4.07%)
$130,288 (+3.47%)
2022
$1,894 (+7.25%)
$125,924 (+4.07%)
2021
$1,766 (+8.14%)
$120,994 (+1.4%)
2020
$1,633 (+1.18%)
$119,323 (+18.86%)
2019
$1,614 (+24.15%)
$100,386 (+3.3%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
945 NW 98th St
Okeechobee, FL 34972
This Property
-
2,838 Sq. Ft.
1995 Year Built
1
1234 NE 131st Ln
Okeechobee, FL 34972
$650,000
4 Bed
3 Bath
2,756 Sq. Ft.
2004 Year Built
2
12912 NE 14th Avenue
Okeechobee, FL 34974
$440,000
3 Bed
2 Bath
1,909 Sq. Ft.
1988 Year Built
3
1350 NE 138th Street
Okeechobee, FL 34972
$335,000
3 Bed
3 Bath
1,983 Sq. Ft.
1986 Year Built
4
984 NW 115th Drive
Okeechobee, FL 34972
$422,500
4 Bed
2 Bath
2,366 Sq. Ft.
1973 Year Built
5
11320 NE 3rd Circle
Okeechobee, FL 34972
$400,000
4 Bed
2 Bath
2,324 Sq. Ft.
2008 Year Built
6
2267 NE 54th Trail
Okeechobee, FL 34972
$600,000
4 Bed
3 Bath
3,041 Sq. Ft.
1984 Year Built
7
1175 NE 138th Street
Okeechobee, FL 34972
$675,000
3 Bed
2 Bath
2,535 Sq. Ft.
2022 Year Built
8
12350 NE 26th Ave
Okeechobee, FL 34972
$575,000
4 Bed
3 Bath
2,204 Sq. Ft.
1993 Year Built
9
1325 NE 138th Street
Okeechobee, FL 34972
$435,000
3 Bed
2 Bath
2,004 Sq. Ft.
1990 Year Built
10
12750 NE 18 Ave
Okeechobee, FL 34972
$525,000
3 Bed
2 Bath
1,716 Sq. Ft.
1996 Year Built
Sales in a non-disclosure state
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Market Trends
Novi
48377
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
Aug 2024
$231,500
Jul 2025
$250,000
Change
+8%
1 Year
2 Years
5 Years
No data for current time range.
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a property's market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represent the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
Aug 2024
102 Days
Jul 2025
130 Days
Change
+27.5%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (34972)
City (Okeechobee)
Population
20,121
5,279
Population Density
22.1
1,301.5
People Per Household
2.7
2.5
Median Age
37.5
38.8
Median Household Income
$46,258
$40,149
Average Income
$19,661
$21,449
Economy
ZIP (34972)
City (Okeechobee)
Unemployment
2.50%
2.50%
Recent Job Growth
2.80%
2.80%
Future Job Growth
44.47%
44.47%
Sales Tax
7.50%
7.50%
Income Tax
0.00%
0.00%
Cost of Living Index
86.3
88.8
Environment
ZIP (34972)
City (Okeechobee)
Altitude
25
26
Rainfall (Inches Annually)
50.2
50
Snowfall (Inches Annually)
0
0
January Avg. Low Temp
49.1
49.2
July Avg. High Temp
92.2
92.2
Days of Precipitation Annually
109
105
Days Mostly Sunny Annually
234
237
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
K-4
1.3 mi
9-12
1.9 mi
7-8
2.8 mi
K-12
1.1 mi
9-12
3 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
