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

In June 2026 Novi homes were listed to buy for a median price of $537K, which is same as May 2025 last month, and same as June 2025 last year. The median value of a home listed to buy in Novi in June 2026 was $213 per sqft, which is a 3% decrease to May 2025 last month, and a 3% decrease to June 2025 last year.

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 it a good time to buy property in Novi, MI?

Yes now is a good time to buy property in Novi, in June 2026, homes in Novi have decreased in value (price per sqft) by 3% in the last year compared with June 2025.

Is the Novi, MI housing market slowing down?

In June 2026, homes to buy in Novi spent an median 22 days on the market, a same June 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 June 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 June 2026, Novi homes were listed to buy for a median price of $537K, with 25% down you would need $3.36K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $115K.

Is it a good time to sell my house in Novi, MI?

Yes now is a good time to sell your house in Novi, in June 2026, homes in Novi have decreased in value (price per sqft) by 3% in the last year compared with June 2025.