48374
Novi, Michigan.
Novi, Oakland County, MI · Detroit-Warren-Dearborn, MI metro · population 17,672
to buy the typical home at today's mortgage rate — +$1,841 (+109%) since Jan 2020.
- 1 year
- Up $24,385 +4%
- $648,898$673,283 since Sep 2025
- 5 years
- Up $138,744 +26%
- $534,539$673,283 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 48374$3,534
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in zip 48374 rose 3.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Novi, MI — measured over the city limits, which is a different area from this zip.
Asking rent — 48374
Against the Detroit-Warren-Dearborn, MI metro and the national benchmark.
- 48374$1,997
- Detroit$1,514
- United States$1,932
Typical home value — 48374
Mid-tier homes, smoothed and seasonally adjusted.
- 48374$673,283
- Detroit$264,316
- United States$366,157
Within 20 miles
Showing 30 of 84 zips in range — sorting picks from all 84.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 2.5 | 48167 | Northville | 24,713 | $1,671 | $491,966 |
| 3.1 | 48375 | Novi | 24,029 | $1,759 | $398,976 |
| 3.6 | 48377 | Novi | 19,816 | $1,976 | $378,334 |
| 3.7 | 48393 | Wixom | 20,145 | $1,179 | $383,561 |
| 4.6 | 48168 | Northville | 25,038 | $2,648 | $652,361 |
| 5.1 | 48165 | New Hudson | 9,566 | $2,048 | $461,657 |
| 6.1 | 48390 | Walled Lake | 23,939 | $2,239 | $311,828 |
| 6.2 | 48335 | Farmington | 25,077 | $1,199 | $423,537 |
| 6.3 | 48331 | Farmington | 21,562 | $1,735 | $455,784 |
| 7.1 | 48170 | Plymouth | 40,076 | $1,550 | $475,084 |
| 7.3 | 48381 | Milford | 14,094 | $2,187 | $468,427 |
| 7.4 | 48178 | South Lyon | 37,789 | $1,652 | $472,962 |
| 8.2 | 48152 | Livonia | 30,119 | $1,434 | $324,298 |
| 8.3 | 48382 | Commerce Township | 24,479 | $2,323 | $465,240 |
| 8.8 | 48322 | West Bloomfield | 32,885 | $2,258 | $415,216 |
| 9.0 | 48336 | Farmington | 26,432 | $1,574 | $300,894 |
| 9.2 | 48154 | Livonia | 37,045 | $2,412 | $338,019 |
| 9.2 | 48334 | Farmington | 19,618 | $1,734 | $354,221 |
| 10.0 | 48187 | Canton | 53,376 | $1,875 | $395,336 |
| 10.2 | 48323 | West Bloomfield | 17,235 | — | $523,954 |
| 10.4 | 48380 | Milford | 7,125 | — | $561,420 |
| 10.5 | 48150 | Livonia | 26,687 | $1,974 | $277,983 |
| 11.0 | 48324 | West Bloomfield | 17,098 | $1,849 | $477,291 |
| 11.7 | 48185 | Westland | 48,530 | $1,295 | $222,635 |
| 11.8 | 48240 | Redford | 17,008 | $1,573 | $154,669 |
| 12.0 | 48034 | Southfield | 14,796 | $1,473 | $253,920 |
| 12.0 | 48033 | Southfield | 17,277 | $1,476 | $226,145 |
| 12.8 | 48383 | White Lake | 13,285 | $2,276 | $423,526 |
| 12.9 | 48188 | Canton | 45,665 | $1,974 | $406,927 |
| 13.2 | 48356 | Highland | 8,365 | — | $370,699 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.