A general overview of the Novi, MI real estate market is displayed above. The median home price for homes in Novi, MI is $266,000, which is 108% higher than the Michigan average. This means that real estate in the Novi, MI area is generally less affordable than the rest of Michigan. The median rent price in Novi, MI is $1,143 which is 43% higher than the Michigan average. In Novi, MI, 65.4% of people are home owners and an average of 2.4 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Novi, MI. We make it easy to find Novi, MI real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.