Novi, MI, remains a highly desirable place to buy a home in 2025 due to its strong real estate market, excellent schools, and vibrant community amenities. Buyers looking for a solid investment and a family-friendly environment will find Novi’s housing market and quality of life appealing.

Novi Housing Market Overview in 2025

The average home value in Novi ranges from approximately $458,000 to $503,000 based on recent market reports. Homes typically sell quickly, with an average of 15 to 21 days on the market, demonstrating strong buyer demand. Despite some fluctuation, home values have generally risen year-over-year by 2 to 3 percent, reflecting a resilient market.

Reports also indicate a median sales price around $607,000 by mid-2025, highlighting the city's increasing desirability and investment potential. However, interested buyers should prepare for a competitive market with low inventory levels.

Community and Quality of Life in Novi

Novi is recognized as one of the top places to live in Michigan. It earned an A+ rating in 2025 according to Niche.com, with public schools ranked #7 statewide for their quality and community reputation. Novi offers numerous parks, green spaces, and family-friendly amenities like Tollgate Farm and Pavilion Shore Park, which enhance living experiences for residents.

The city benefits from convenient highway access via I-96, I-275, and M-5, allowing easy commutes to Detroit, Ann Arbor, and the Detroit Metropolitan Airport, making it attractive to working professionals and families alike.

Real Estate Investment Outlook

Over the past seven years, Novi home prices have risen steadily. The market has appreciated an estimated 70%, reinforcing Novi as a sound long-term real estate investment. New residential and commercial developments, alongside infrastructure improvements, continue to boost local property values and community desirability.

Because of the limited housing supply and strong demand, buyers must be prepared with mortgage pre-approval and flexible offer terms in order to secure homes in this competitive market.

Local Expert Advantage: Tom Gilliam, RE/MAX Classic

Tom Gilliam is a trusted local Realtor with over 20 years of experience serving Farmington Hills, Novi, and Oakland County. He is known for his personalized client service, deep local market knowledge, and expertise in helping buyers find the right home at the best price.

Clients praise Tom’s flexibility, professionalism, and proactive approach. His dedication makes the process of buying a home smooth and rewarding, positioning him as a reliable guide for anyone looking to buy in Novi in 2025.

Frequently Asked Questions

Is Novi a safe place to live?

Yes, Novi has low crime rates and is consistently rated as one of the safest suburbs in metro Detroit.​

What are the best schools in Novi?

Novi Community School District is highly rated, with Novi High School ranked among the top in the state.​

How much does a home cost in Novi in 2025?

The median home price in Novi is $450,000 to $525,000, with steady market growth and strong demand.​

Is Novi a good place for families?

Yes, Novi offers excellent schools, safe neighborhoods, and a vibrant community, making it ideal for families.​

What makes Novi unique compared to other Oakland County cities?

Novi combines big-city convenience with a small-town feel, offering modern amenities, a diverse culture, and strong city services.​

Contact Tom Gilliam | RE/MAX Classic

For expert guidance on buying or selling a home in Novi, contact Tom Gilliam at (248) 790-5594 or [email protected]. Visit homes2moveyou.com  to explore current listings and learn more about Novi real estate. Tom's office is located at 26870 Beck Rd, Novi, MI 48374, providing a convenient local base to assist you with personalized real estate services. This complete contact information helps ensure clear communication and builds trust with potential clients looking for expert guidance in the Novi market.