Novi Real Estate Market Conditions

  • Median sales price

    $415,500
    -1.55% change since last quarter
  • # Active listings

    148
    30-day change

Novi Schools and Demographics

Education near Novi, MI

City County
High School Graduates 95.71 93.73
College Degree - 2 year 6.93 7.77
College Degree - 4 year 59.09 45.74
Graduate Degree 20.88 14.51
Expenditures per Student 12,603 12,819
Students per Teacher 16 20.5

Elementary Schools near Novi, MI

Grades Students P/T Ratio ZIP
Amerman Elementary School KG - 05 546 17.5 48167
Deerfield Elementary School KG - 04 427 15.9 48374
Hickory Woods Elementary School KG - 05 593 18.2 48377
Loon Lake Elementary School KG - 05 516 17.6 48393
Meadowbrook Elementary School KG - 05 546 16.1 48377
Moraine Elementary School KG - 05 455 20 48167
Novi Woods Elementary School KG - 04 468 16.4 48374
Orchard Hills Elementary School KG - 04 364 13.5 48375
Parkview Elementary School KG - 04 526 16.4 48374
Silver Springs Elementary School KG - 05 451 15.7 48167
Thornton Creek Elementary School KG - 05 469 14.9 48374
Village Oaks Elementary School KG - 04 453 15.9 48375
Wixom Elementary School KG - 05 478 17.2 48393

Middle Schools near Novi, MI

Grades Students P/T Ratio ZIP
Hillside Middle School 06 - 08 1,023 24.9 48167
Novi Meadows School 05 - 06 1,001 16.6 48374
Novi Middle School 07 - 08 1,036 17 48374
Sarah G. Banks Middle School 06 - 08 849 19.7 48393

High Schools near Novi, MI

Grades Students P/T Ratio ZIP
Novi High School 09 - 12 2,027 18 48375
Oakland Flextech Academy 09 - 12 80 23.8 48375

Ungraded Schools near Novi, MI

Grades Students P/T Ratio ZIP
* Career Preparation 09 - 12 28 20 48374
* Novi Adult Education 09 - 12 41 13.1 48374
* Oakland Opportunity Academy 09 - 12 192 32.8 48393
Cooke School KG - 12 163 5.4 48167

Demographics near Novi, MI

City County
Neighborhood Type Suburban
Population 58,835 1,241,860
Population Density 1,945 1,432
Median Age 38.4 41
People per Household 2.6 2.5
Median Household Income 88,667 73,369
Average Income per Capita 46,435 40,941

Novi Real Estate

Novi is located in Michigan. Novi, Michigan has a population of 58,835. Novi is more family-centric than the surrounding county with 44.26% of the households containing married families with children. The county average for households married with children is 33.38%.

The median household income in Novi, Michigan is $88,667. The median household income for the surrounding county is $73,369 compared to the national median of $57,652. The median age of people living in Novi is 38.4 years.

Novi Map

Novi Weather

The average high temperature in July is 82.7 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 33.4 inches per year, with 41.6 inches of snow per year.

Real estate near Novi