Median home value in zip code 48374 (Novi, MI) is $657,928, up 3.3% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$657,928

YoY Change

+3.3%

Prices rising — worse for buyers.

Affordability

Enter your income for 48374 (Novi).

Income (annual)

Down Payment

$131,586 on $657,928

Example: $75,000 household income. Change it above to see your own.

Out of reach71% of income

Need $190,114/yr to afford.

PITI$4,436

P/I71%

Afford$260K

Gap-$398K

P&I $3,327Tax $976Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

48374 is part of the Detroit-Warren-Dearborn, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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