48375 — Novi, MI home prices
ZIP 48375 is rising, a premium-priced area.
Momentum+1.1%Rising
Vs typical+70%Premium
Rental yield4.8%Moderate yield
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $249,077 → today: $413,027 (1.7×)
Typical home value
$413,027
Zillow ZHVI
Since 2000
+66%
Rank in MI
#104
of 891 ZIPs
Median rent
$1,664/mo
4.8% gross yield
Market read
At $413,027, ZIP 48375 in Novi is 70% above the typical MI ZIP ($243,615), ranking #104 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 48375?
The typical home in ZIP 48375 (Novi, MI) is worth $413,027 — 70% above the typical MI ZIP ($243,615).
How have home prices in 48375 changed since 2000?
Home values in ZIP 48375 are +66% versus 2000.
What is the rental yield in ZIP 48375?
Median rent is $1,664/mo, about a 4.8% gross yield.
What county is ZIP 48375 in?
ZIP 48375 is in Oakland County.
| Year | ZIP 48375 home value |
|---|---|
| 2000 | $249,077 |
| 2001 | $262,786 |
| 2002 | $272,492 |
| 2003 | $277,395 |
| 2004 | $284,047 |
| 2005 | $284,351 |
| 2006 | $276,654 |
| 2007 | $253,443 |
| 2008 | $226,749 |
| 2009 | $184,179 |
| 2010 | $180,433 |
| 2011 | $179,824 |
| 2012 | $190,654 |
| 2013 | $220,185 |
| 2014 | $236,852 |
| 2015 | $244,244 |
| 2016 | $254,768 |
| 2017 | $270,394 |
| 2018 | $278,946 |
| 2019 | $288,136 |
| 2020 | $303,175 |
| 2021 | $339,937 |
| 2022 | $356,839 |
| 2023 | $377,030 |
| 2024 | $396,340 |
| 2025 | $408,534 |
| 2026 | $413,027 |