Homes Under $700K in Novi, MI

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Novi housing market

September 2026

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 53 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $465,500$263,913–$718,575 typical range
Price per sq. ft.: $256
Sales: 50
Paid in cash: 64.0%

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Median list price: $495,000

Novi, MI community profile

Population: 67,441
Median income: $106,581
Housing units: 28,008
People per sq. mi.: 2,374.7
Area: 28.4 sq. mi.

Source: HJN community data

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Novi housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Novi, MI community profile

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Novi, MI community profile

Novi housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026–Sep 30, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026