The median home value in Novi, MI is $435,500. This is higher than the county median home value of $248,100. The national median home value is $219,700. The average price of homes sold in Novi, MI is $435,500. Approximately 60.99% of Novi homes are owned, compared to 32.63% rented, while 6.39% are vacant. Novi real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Novi real estate agent to arrange a tour today!
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.
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.