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.
$512,293
+27%
Since Jul 2024
Range: $358,605-$665,980
Evaluated June 4, 2025
1 Year
5 Years
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Property Facts
42340 8 Mile Rd, Northville, MI is a commercial (general) home that was built in 1900.
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County:OAKLAND
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Year Built:1900
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Living Area:-
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Lot Size:74,488 Sq. Ft.
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Zone:RM-1
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Parcel:50-22-35-400-038
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Bedrooms:-
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Bathrooms:-
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Owner:THOMASVILLE APARTMENTS, LLC
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Property History
Tax History
Year
Taxes
Total Assessment
2023
$24,806 (+47.06%)
$703,430 (+22.08%)
2020
$16,868 (0%)
$576,200 (0%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
42340 8 Mile Rd
Northville, MI 48167
This Property
-
1900 Year Built
1
20811 W Glen Haven Circle
Novi, MI 48167
$215,000
2 Bed
2 Bath
1,201 Sq. Ft.
1978 Year Built
2
19284 NORTHRIDGE Drive
Northville Twp, MI 48167
$213,000
2 Bed
2 Bath
1,275 Sq. Ft.
1981 Year Built
3
20826 W GLEN HAVEN Circle
Novi, MI 48167
$315,000
3 Bed
2 Bath
1,522 Sq. Ft.
1979 Year Built
4
20824 W Glen Haven Circle
Northville, MI 48167
$203,000
2 Bed
2 Bath
1,201 Sq. Ft.
1979 Year Built
5
42108 PELLSTON Drive
Novi, MI 48167
$229,000
2 Bed
1 Bath
1,201 Sq. Ft.
1978 Year Built
6
19824 IRONGATE
Northville Twp, MI 48167
$315,000
3 Bed
2 Bath
1,360 Sq. Ft.
1971 Year Built
7
21142 E Glen Haven Circle
Novi, MI 48167
$260,000
3 Bed
1 Bath
1,030 Sq. Ft.
1977 Year Built
8
21005 DUNDEE Drive
Novi, MI 48375
$851,100
5 Bed
3 Bath
3,293 Sq. Ft.
1993 Year Built
9
41716 ONAWAY Drive
Novi, MI 48167
$175,600
2 Bed
1 Bath
745 Sq. Ft.
1977 Year Built
10
20878 W Glen Haven
Northville, MI 48167
$290,000
3 Bed
3 Bath
1,522 Sq. Ft.
1900 Year Built
Sales in a non-disclosure state
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Market Trends
Northville
48167
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.
Jun 2024
$533,720
May 2025
$599,950
Change
+12.4%
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.
Jun 2024
101 Days
May 2025
144 Days
Change
+42.6%
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.
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2 Years
5 Years
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Area Statistics
People
ZIP (48162)
City (Monroe)
Population
28,003
20,344
Population Density
491.7
2,248.5
People Per Household
2.4
2.4
Median Age
44.1
37.9
Median Household Income
$64,423
$53,644
Average Income
$32,371
$27,291
Economy
ZIP (48162)
City (Monroe)
Unemployment
3.30%
3.30%
Recent Job Growth
3.53%
3.53%
Future Job Growth
41.87%
41.87%
Sales Tax
6.00%
6.00%
Income Tax
4.25%
4.25%
Cost of Living Index
94
89.9
Environment
ZIP (48162)
City (Monroe)
Altitude
600
594
Rainfall (Inches Annually)
34.4
34.4
Snowfall (Inches Annually)
37.4
37.4
January Avg. Low Temp
18.1
18.1
July Avg. High Temp
83.7
83.7
Days of Precipitation Annually
122
122
Days Mostly Sunny Annually
180
183
Comfort Index (During Hot Weather)
6
6
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
K-4
1.8 mi
9-12
2.3 mi
7-8
4.6 mi
K-8
1.8 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
