The Mile Detroit

Metro Detroit real estate, mile by mile

Market Board

Novi Home Prices Are Up +2.8%. Here's What That Really Means

Oakland County, Michigan · Data through September 2026

Typical value

$465,874

1 year

+2.8%

3 months

+0.4%

5 years

+22.5%

September 2021 · $380,383September 2026 · $465,874

The typical home in Novi was worth about $465,874 in September 2026, up +2.8% from a year earlier. That ranks #12 of 37 Metro Detroit communities on The Mile's Market Board for one-year change.

Over five years, typical values rose +22.5%, a change of roughly $85,491 for the typical home.

Elsewhere in Oakland County

Source: Zillow Research, Zillow Home Value Index (ZHVI), all homes, mid-tier, smoothed & seasonally adjusted. The index estimates the value of a typical home, not an average sale price; individual homes vary.