City
Selling a house in Novi
September 2026 · based on 34 sales
- Median sold price
- $631,525
- Sep 2025: $547,500
- Days on market
- 13
- Sep 2025: 13
- Of original list
- 98%
- Sep 2025: 99%
- Months of supply
- 2
21 of 34 closed below their original asking price (Sep 2025: 17 of 30). Across April through September 2026: $612,000 median, 8 days on market, 100% of original list.
248 houses sold in Novi from April through September, most of them in under two weeks. Buyers here pay close to asking when the asking price is right, and they skip the house when it isn't.
Every address has its own paperwork. Send us yours and we'll check it for open permits and the FEMA flood map.
Check my Novi address →What this means for your price
In September, Novi houses took longer to sell than they did all summer, and more than half closed below their original asking price. From April through September, about two in three sold within two weeks at about full price. Buyers here decide early, so we price for that first stretch, not for the cut that comes later.
Houses that didn't sell
How Novi listings ended
Every house that left the market in the six months to September 2026. 10% came off without selling and hadn't come back.
The houses that stayed off had been on the market a median of 47 days before they came off. The ones that sold took 8 days.
Each house counts once. One that was withdrawn and listed again counts by how it ended, and one still on the market isn't counted yet.
Days on market, month by month
Each point is the median of three months of sales, ending with that month. Novi sells too few houses in a month for one month to be steady.
See the numbers
| Month | Median days | Sales |
|---|---|---|
| Sep 2025 | 13 | 30 |
| Oct 2025 | 9 | 29 |
| Nov 2025 | 28.5 | 20 |
| Dec 2025 | 28 | 23 |
| Jan 2026 | 32 | 15 |
| Feb 2026 | 34.5 | 12 |
| Mar 2026 | 9 | 17 |
| Apr 2026 | 7 | 29 |
| May 2026 | 7.5 | 28 |
| Jun 2026 | 7 | 62 |
| Jul 2026 | 8 | 47 |
| Aug 2026 | 9 | 48 |
| Sep 2026 | 13 | 34 |
Market balance
Months of supply
How long the homes for sale now would take to sell at September's pace. Novi is at 2 months.
Before you list in Novi
Book the final water reading
The seller, agent or title company calls Water Billing to set the read date: 248-347-0440 or 248-735-5661. Allow at least a week. The final bill can be picked up at the Treasurer's Office after 9:30 a.m. the day of the reading.
Look up open permits
An old permit that was never closed turns up in the buyer's inspection or at the title company. Closing it now is usually a call and a final inspection.
Check the current flood map
FEMA revised Novi's map in spots as recently as March 2023, along creeks and drains including the Walled Lake Branch, Thornton Creek and Ingersol Creek. If the home is in a zone, the buyer's lender will require flood insurance.
Want these checked for your address? Send it to us and we'll run the lookups for you.
Check my address →Which cities inspect before you sell →
Taxes, commute, and schools
Taxes
In 2025, homestead property taxes in Novi ran 32.04 to 37.12 mills, depending on which school district's tax area the home is in. That's $32.04 to $37.12 a year for every $1,000 of taxable value.
Commute
Downtown Detroit: 30 to 40 minutes by car
Ann Arbor: 25 to 35 minutes by car
Detroit Metro Airport: 20 to 30 minutes by car
School district
Sources: City of Novi; FEMA National Flood Hazard Layer; Michigan Treasury (2025 tax rates); Google Maps (weekday drive times). Checked October 2026.
“Novi doesn't need more buyers. It needs more houses priced where the buyers already are.”
Check my Novi address
Send us the address. We'll look up open permits and the FEMA flood map for it, and send you what we find within two business days.
Market data: Realcomp II Ltd. Figures are aggregate city-level statistics for September 2026 and April through September 2026 and describe the market, not any individual property or transaction. All information herein has not been verified and is not guaranteed. Copyright 2026 Realcomp. All rights reserved.