48377 — Novi, MI home prices
ZIP 48377 is flat, a premium-priced area.
Momentum+0.5%Flat
Vs typical+58%Premium
Rental yield5.5%Moderate yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $236,565 → today: $384,944 (1.6×)
Typical home value
$384,944
Zillow ZHVI
Since 2000
+63%
Rank in MI
#132
of 891 ZIPs
Median rent
$1,750/mo
5.5% gross yield
Market read
At $384,944, ZIP 48377 in Novi is 58% above the typical MI ZIP ($243,615), ranking #132 of 891.
It sits in Oakland County — see full county data →.
Home value history
Zillow ZHVI, yearly.
Other ZIPs in Novi
Frequently asked questions
What is the average home value in ZIP code 48377?
The typical home in ZIP 48377 (Novi, MI) is worth $384,944 — 58% above the typical MI ZIP ($243,615).
How have home prices in 48377 changed since 2000?
Home values in ZIP 48377 are +63% versus 2000.
What is the rental yield in ZIP 48377?
Median rent is $1,750/mo, about a 5.5% gross yield.
What county is ZIP 48377 in?
ZIP 48377 is in Oakland County.
| Year | ZIP 48377 home value |
|---|---|
| 2000 | $236,565 |
| 2001 | $254,386 |
| 2002 | $259,250 |
| 2003 | $270,184 |
| 2004 | $272,648 |
| 2005 | $279,298 |
| 2006 | $270,112 |
| 2007 | $243,680 |
| 2008 | $206,018 |
| 2009 | $188,044 |
| 2010 | $177,293 |
| 2011 | $177,285 |
| 2012 | $196,364 |
| 2013 | $224,987 |
| 2014 | $244,396 |
| 2015 | $252,435 |
| 2016 | $259,424 |
| 2017 | $279,308 |
| 2018 | $288,552 |
| 2019 | $295,693 |
| 2020 | $303,028 |
| 2021 | $342,684 |
| 2022 | $359,649 |
| 2023 | $364,207 |
| 2024 | $372,097 |
| 2025 | $383,058 |
| 2026 | $384,944 |