Compare: Commerce Township vs Novi

Home Values in Commerce Township and Novi

Commerce Township
vsNovi
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Zillow Home Value Index
Mid-point of Zestimate valuations for Commerce Township. Half the Zestimates are above this number and half are below it.
$178,700vs$231,800
1-Year Change+12.2%vs+10.6%
Median List Price$230,000vs$300,000
Median Sale Price$191,200vs$213,100
Total Homes Sold in Feb58 homes vs31 homes
Commerce Township, MI tends to be less expensive for home buyers than Novi, MI. During the last year, Commerce Township home values have risen by 12.2%, while Novi home values have risen by 10.6%. The median sale price in Commerce Township is $191,200, but the median listing price was $230,000, a 16.9% discount. Meanwhile in Novi, the median selling price is $213,100, and the starting price had a median of $300,000, a 29.0% discount. In February, Commerce Township home sellers managed to move 58 houses, while Novi saw 31 transactions.

Demographics in Commerce Township and Novi

Commerce Township
vsNovi
Population34,875vs50,728
Median Household IncomeData Unavailable.vs$71,918
Median AgeData Unavailable.vs34
Homes with KidsData Unavailable.vs35.4%
Average Household SizeData Unavailable.vs2.5
Average Commute Time (Minutes)Data Unavailable.vs28

Homes for Sale in Commerce Township and Novi

Commerce Township vs Novi

Why is Novi more expensive than Commerce Township?

Commerce Township, MI

Map of Commerce Township, MI
Commerce Township is a city in Oakland county, MI with a population of 34,875.

Novi, MI

Map of Novi, MI
Novi is a city in Oakland county, MI with a population of 50,728. The median household income is $71,918.