Novi city: Median Home Value Trend
How Novi city's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$290,600
2023
$399,100
Total change
+$108,500
% change
+37.3%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $290,600 | — |
| 2019 | $322,100 | +$31,500 (10.8%) |
| 2020 | $325,500 | +$3,400 (1.1%) |
| 2021 | $336,000 | +$10,500 (3.2%) |
| 2022 | $380,200 | +$44,200 (13.2%) |
| 2023 | $399,100 | +$18,900 (5%) |