How much does it cost to buy a house in Novi, MI?

In May 2026 Novi homes were listed to buy for a median price of $500K, which is same as April 2025 last month, and same as May 2025 last year. The median value of a home listed to buy in Novi in May 2026 was $221 per sqft,

Is it affordable or expensive to live in Novi, MI?

It is expensive to live in Novi. Buying a home in Novi is 1% more expensive compared with the national average.

Is the Novi, MI housing market slowing down?

In May 2026, homes to buy in Novi spent an median 22 days on the market, a same May 2025 last year.

What are the best and safest places to live in Novi, MI?

The best and safest neighborhoods to live in Novi in May 2026 are Butler Ridge, Indian Village, Corktown, Brush Park, Coventry Gardens, Palmer Park, Green Acres, Dearborn Hills, University District, Chapel Hill Condominiums, Ford Historic Homes, Downtown Detroit, North Rosedale Park, Rosedale Park, East English Village, Eight Mile Wyoming, Colonial Square, Grandmont, Warrendale, Brightmoor

How much money should I make to buy a house in Novi, MI?

In May 2026, Novi homes were listed to buy for a median price of $500K, with 25% down you would need $3.13K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $107K.