Median home value in zip code 48377 (Novi, MI) is $372,945, up 2.9% year over year. Part of the Detroit-Warren-Dearborn, MI metropolitan area.

Home Value$372,945

YoY Change

+2.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 48377 (Novi).

Income (annual)

Down Payment

$74,589 on $372,945

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

Out of reach41.2% of income

Need $110,229/yr to afford.

PITI$2,572

P/I41.2%

Afford$254K

Gap-$119K

P&I $1,886Tax $553Ins $133

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

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

Metro Analysis

48377 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.

View Detroit-Warren-Dearborn, MI analysis

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