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.
$273,792
+6.2%
Since Sep 2024
Range: $234,751-$321,508
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
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Property Facts
44764 Gwinnett Loop, Novi, MI is a condo home that contains 1,039 Sq. Ft. and was built in 2006. It contains 4 bedrooms and 1.5 bathrooms. This home last sold for $271,750 on 8/19/2024.
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County:OAKLAND
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Year Built:2006
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Living Area:1,039 Sq. Ft.
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Lot Size:-
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Zone:R-A
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Parcel:50-22-10-376-034
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Bedrooms:4
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Bathrooms:1.5
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Owner:GAVIN, JUSTIN R
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Property History
Price History
Date
Event
Price
Source
8/19/2024
Sold
$271,750
Public Records
3/27/2024
Sold
$240,000
Public Records
5/6/2020
Sold
$150,000
Public Records
6/1/2016
Sold
$125,000
Public Records
4/27/2006
Sold
$157,990
Public Records
Sales in a non-disclosure state
Tax History
Year
Taxes
Total Assessment
2024
$919 (0%)
$129,960 (+3%)
2023
$919 (+1.21%)
$126,180 (+3%)
2022
$908 (+8.1%)
$122,510 (+2.99%)
2021
$840 (+5.13%)
$118,950 (+1.4%)
2020
$799 (+2.17%)
$117,310 (+2.29%)
2019
$782 (-8.64%)
$114,680 (+1.89%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
44764 Gwinnett Loop
Novi, MI 48377
This Property
-
4 Bed
1 Bath
1,039 Sq. Ft.
2006 Year Built
1
44771 ELLERY Lane
Novi, MI 48377
$275,000
2 Bed
1 Bath
1,212 Sq. Ft.
2005 Year Built
2
44764 GWINNETT Loop
Novi, MI 48377
$271,750
2 Bed
1 Bath
1,039 Sq. Ft.
2006 Year Built
3
44628 GWINNETT Loop
Novi, MI 48377
$275,000
2 Bed
1 Bath
1,212 Sq. Ft.
2005 Year Built
4
21845 Novi Road
Novi, MI 48167
$310,000
3 Bed
1 Bath
1,164 Sq. Ft.
1950 Year Built
5
44744 GWINNETT Loop
Novi, MI 48377
$249,000
2 Bed
1 Bath
1,051 Sq. Ft.
2006 Year Built
6
27944 DECLARATION Road
Novi, MI 48377
$275,000
2 Bed
1 Bath
1,212 Sq. Ft.
2005 Year Built
7
44765 ELLERY
Novi, MI 48377
$264,000
2 Bed
2 Bath
1,039 Sq. Ft.
1900 Year Built
8
2250 Crown Dr Drive
Novi, MI 48377
$380,000
2 Bed
2 Bath
1,267 Sq. Ft.
1987 Year Built
9
44707 Gwinnett Loop Unit 60
Novi, MI 48377
$258,000
2 Bed
1 Bath
1,051 Sq. Ft.
2005 Year Built
10
44706 Gwinnett
Novi, MI 48377
$250,000
2 Bed
2 Bath
1,039 Sq. Ft.
1900 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
$462,500
Jul 2025
$514,950
Change
+11.3%
1 Year
2 Years
5 Years
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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
51 Days
Jul 2025
50 Days
Change
-2%
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 (48377)
City (Novi)
Population
16,275
65,369
Population Density
1,693.9
2,161.3
People Per Household
2.1
2.5
Median Age
38.4
39.8
Median Household Income
$73,345
$100,311
Average Income
$45,898
$55,807
Economy
ZIP (48377)
City (Novi)
Unemployment
1.60%
1.10%
Recent Job Growth
0.83%
0.83%
Future Job Growth
45.92%
46.67%
Sales Tax
6.00%
6.00%
Income Tax
4.25%
4.25%
Cost of Living Index
123.4
133.3
Environment
ZIP (48377)
City (Novi)
Altitude
936
909
Rainfall (Inches Annually)
32
32.5
Snowfall (Inches Annually)
41.8
41.9
January Avg. Low Temp
15.7
15.6
July Avg. High Temp
82.1
82.3
Days of Precipitation Annually
136
136
Days Mostly Sunny Annually
180
177
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
K-4
1.2 mi
9-12
2.3 mi
7-8
2.4 mi
K-12
1.2 mi
9-12
2.4 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
