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Featured local agent — Northville, MI
Sarah Mitchell
Compass Real Estate · Northville, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Northville, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$538,100median sale price
How is the Northville, MI housing market right now?
The median home sale price in Northville, MI is $538,100, down 20.3% year-over-year. Homes sell in an average of 18 days with 39 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Northville a buyer's or seller's market?
Northville, MI is currently a balanced market, based on 4.9 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
18
Fast-moving
Active listings
39
4.9 months supply
Sale-to-list
100.9%
Above asking
What does the Northville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $538,100 |
| Median list price | $599,000 |
| Year-over-year price change | -20.3% |
| Average days on market | 18 days |
| Active inventory | 39 listings |
| Months of supply | 4.9 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $240/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 21 |
| Listings with a price cut | 30.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Northville by property type?
How the Northville, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $621,000 | $267/sq ft | 5 | 7 days |
| Condo / Co-op | $295,000 | $213/sq ft | 3 | 29 days |
Source: Redfin · Updated monthly
The Northville housing market is currently classified as a balanced market with a median sale price of $538,100. Prices have fallen 20.3% compared to last year, with homes spending an average of 18 days on market, indicating 4.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Northville
There are currently 39 homes listed for sale in Northville, Michigan. The median listing price is $599K.
Active listings
39
Homes on market
Median list price
$599K
Avg. days on market
18
Days until sale
New this week
21
Newly listed
Who lives in Northville?
Population
6,080
Median income
$143,875/yr
Median age
46.1 years
Owner-occupied
80.9%
College grads
67.4%
Avg commute
26.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Northville?
Zillow home value
$606,656
Zillow rent index
$1,855/mo
Price-to-rent ratio
27.2x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Northville?
Northville is a community of approximately 6K residents with a median age of 46.1 years.The median household income is $143,875, which reflects a relatively affluent area with strong earning potential. 67.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Northville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Northville?
11 schools tracked · 6,792 students
The largest public schools serving Northville, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Northville High School
Grades 9-12 · 2,489 students
Hillside Middle School
Grades 6-8 · 981 students
Meads Mill Middle School
Grades 6-8 · 634 students
Amerman Elementary School
Grades K-5 · 556 students
Winchester Elementary School
Grades K-5 · 481 students
Ridge Wood Elementary School
Grades K-5 · 428 students
Moraine Elementary School
Grades K-5 · 403 students
Silver Springs Elementary School
Grades K-5 · 350 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Northville, MI?
Want a head-to-head view? Compare Northville side-by-side with any other U.S. city using our market-comparison tool.
Is Northville a good real estate investment market?
For investors evaluating Northville, the price-to-rent ratio of 27.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 20.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Northville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Northville's median home price.
Frequently asked questions
What is the average home price in Northville?
The median home sale price in Northville is $538,100, down 20.3% from last year.
How long do homes stay on market in Northville?
Homes typically spend 18 days on market before going under contract.
What is the median income in Northville?
The median household income is $143,875 per year.
Is Northville a buyer's or seller's market?
With 4.9 months of supply, Northville is currently a balanced market.
What is the Zillow home value estimate for Northville?
The Zillow Home Value Index (ZHVI) for Northville is $606,656, representing the typical home value in the area.
What is the median condo price in Northville?
The median condo/co-op sale price in Northville, MI is $295,000, compared to $621,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Northville?
The median single-family home price in Northville, MI is $621,000 (about $267 per square foot).
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