Neighborhood
Gateway Village Of NoviNovi, Michigan
Gateway Village Of Novi is a residential neighborhood in Novi City, located in the Novi, Michigan area of Washtenaw County. The housing stock consists primarily of condominium properties built between 2000 and 2025. The average home is 1,738 square feet with 2 bedrooms. Based on sales over the past 12 months, the median sale price in Gateway Village Of Novi is $306,500, with closed prices ranging from $265,000 to $497,500. That works out to a median of $221 per square foot. The Gateway Village Of Novi real estate market currently has 6 active listings and 2 pending, with asking prices from $272,000 to $509,500. At the current pace of 12 sales per year, Gateway Village Of Novi's 8 active listings represent 6 months of supply, indicating a balanced market. Homes sell in an average of 94 days on market. With 12 recorded sales in the past year, homeowners selling a home in Gateway Village Of Novi have strong comparable data to inform their listing strategy.
Residential Overview
6Active Listings
$306,500Median Sale Price (past 12mo)
94daysAvg Days on Market
$221Price per Sqft
12Sold (past 12mo)
6moBalanced Market
2012Avg Year Built
1,738 sqftAvg Size
2.4Avg Beds
2.9Avg Baths
$225/moHOA Fee
Homes for Sale(6)
For Sale
1/63
$509,500
25549 Grandview Lane, 31, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/76
$509,500
25495 GRANDVIEW Lane, 25, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/67
$504,500
25558 Grandview Lane, 38, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/19
$297,000
41614 Hamlet Lane, 57, Novi, MI
2 bd2 ba1,332 sqft
HOA: $260/mo
Condo
For Sale
1/22
$290,000
25520 PORTICO Lane, Novi, MI
2 bd2 ba1,132 sqft
FHA
HOA: $265/mo
Condo
Under Contract
1/26
$272,000
41582 Hamlet Lane, 68, Novi, MI
2 bd2 ba1,272 sqft
HOA: $265/mo
Condo
Available for Rent(3)
$1,963/moMedian Rent
$1.36/sqftRent $/sqft
58dAvg DOM
16Leased (past 12mo)
Commercial(1)
Market Analytics
Recently Sold Residential (44)
Property Records
Per FEMA, Gateway Village Of Novi is classified as Zone X, indicating minimal flood risk; flood insurance is optional. Flood zone boundaries are subject to change by FEMA map revision. Verify current status at FEMA Map Service Center before making purchasing decisions. The median annual property tax in Gateway Village Of Novi is $3,918 (2026).
Source: FEMA National Flood Hazard Layer · Source: Novi City tax records
Frequently Asked Questions about Gateway Village Of Novi
What are home prices like in Gateway Village Of Novi?
The median sale price in Gateway Village Of Novi over the past 12 months is $306,500, based on 12 closed sales. Sale prices have ranged from $265,000 to $497,500. That works out to roughly $221 per square foot.
How many homes are for sale in Gateway Village Of Novi?
There are currently 6 active listings in Gateway Village Of Novi. Asking prices range from $272,000 to $509,500. 2 additional listings are pending or under contract.
What kind of housing is available in Gateway Village Of Novi?
The housing stock in Gateway Village Of Novi is mainly condominium homes, with construction dates ranging from 2000 to 2025. The average home size is 1,738 square feet. Homes typically have 2 bedrooms.
What is the average days on market in Gateway Village Of Novi?
Homes in Gateway Village Of Novi sell in an average of 94 days, based on 12 sales over the past 12 months.
How competitive is the Gateway Village Of Novi real estate market?
With 6.0 months of inventory, Gateway Village Of Novi is currently a balanced market. This is based on 6 active listings and 12 sales in the past 12 months.
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