Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

ZIP 48375 in Novi, MI: housing market trends

The median home sale price in ZIP 48375 in Novi, MI was $417,377 for the three-month period ending September 2026. Sale prices were 3.7% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$417,377
three-month period ending September 2026
Median sale price per sq ft
$202.04
three-month period ending September 2026
Active listings
151
three-month period ending September 2026
Typical monthly rent
$1,815
Rent index · August 2026

How is housing inventory changing?

There were 151 active listings for the three-month period ending September 2026. Active listings were 7.9% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 20 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 48375 in Novi, MI
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$417,377$202.0486
Single-familySeptember 2026$484,878$204.8750
TownhousesSeptember 2026$212,450$197.692 · small sample
Condos / co-opsSeptember 2026$252,993$175.2534

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 48375 in Novi, MI
MarketMedian sale priceReporting period / source
Novi, MI$420,000Month ending July 2026 · Zillow
Northville, MI$599,000Month ending July 2026 · Zillow
Farmington, MI$329,8433 months ending September 2026 · Redfin
Farmington Hills, MI$375,000Month ending July 2026 · Zillow
Walled Lake, MI$259,8763 months ending September 2026 · Redfin
Wixom, MI$364,8263 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 48375 in Novi, MI
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$417,377$202.04151
August 2026$442,500$204.20154
July 2026$450,000$213.28167
June 2026$465,000$208.00164
May 2026$477,500$215.15153
April 2026$413,500$196.35125
March 2026$401,000$198.63106
February 2026$415,000$200.7189
January 2026$475,000$221.9984
December 2025$494,990$227.0392
November 2025$476,500$218.52107
October 2025$442,500$221.32122
September 2025$433,600$223.41140
August 2025$443,500$223.41150
July 2025$470,200$221.69158
June 2025$474,900$213.34137
May 2025$470,200$225.95133
April 2025$438,000$225.79121
March 2025$405,000$227.27114
February 2025$399,005$214.39101
January 2025$378,475$217.1999
December 2024$315,000$204.55112
November 2024$346,544$200.72116
October 2024$390,500$200.91118

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

Look up price per square foot by ZIP codeBrowse all MI markets