48374 Real Estate Market Overview

Could Novi, MI 48374 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 48374. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 48374 such as Northvill...e and Farmington Hills. When you’re ready, Trulia has 49 resale and new homes in 48374 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$386,000

Median Sales Price

View Homes for sale

N/A

Price Per Sqft

View Homes for sale

$2,675

Median Rent Per Month

View Homes for rent
  • Explore this area:

Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 48374 show a -12% year-over-year drop in median sales price and a 3% rise in median rent per month.

Median Sales Price
The median sales price for homes in 48374 for May 24 to Aug 23 was $386,000 based on 45 home sales.
Price Per Square Ft.
Median Rent Per Month
The median rent per month for apartments in 48374 for Jul 24 to Aug 24 was $2,675.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in and around 48374 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

View More

Crime data for the past year is not available at this location.


Best Schools in 48374

There are 18 schools in 48374.

Elementary Schools
10

Parkview Elementary School

Public, K-4

9

Deerfield Elementary School

Public, K-4

9

Ann L. Dolsen Elementary School

Public, K-5

Middle Schools
8

Centennial Middle School

Public, 6-8

7

Millennium Middle School

Public, 6-8

7

Hillside Middle School

Public, 6-8

High Schools
10

Northville High School

Public, 9-12

10

Novi High School

Public, 9-12

9

South Lyon East High School

Public, 9-12


Demographics

Get to know your neighbors in 48374 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
26%
Single residents
Home owners
95%
Home owners
Median age
40
Median age
Household income
$132,708
Median household income
College educated
75%
College educated

Commute

Most people in 48374 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
99% commute by car
0% commute by bike
1% commute by public transportation
0% commute by foot

Nearby Cities You May Like