Neighborhood
Gateway Village Of NoviNovi, Michigan
Gateway Village Of Novi is a residential neighborhood in Novi City, located in the Novi, Michigan area of Oakland County. The housing stock consists primarily of condominium properties built between 2000 and 2025. The average home is 1,803 square feet with 3 bedrooms. Based on sales over the past 12 months, the median sale price in Gateway Village Of Novi is $295,000, with closed prices ranging from $265,000 to $497,500. That works out to a median of $220 per square foot. The Gateway Village Of Novi real estate market currently has 6 active listings, with asking prices from $297,000 to $509,500. At the current pace of 15 sales per year, Gateway Village Of Novi's 6 active listings represent 4.8 months of supply, indicating a balanced market. Homes sell in an average of 95 days on market. With 15 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
$295,000Median Sale Price (past 12mo)
95daysAvg Days on Market
$220Price per Sqft
15Sold (past 12mo)
4.8moBalanced Market
2013Avg Year Built
1,803 sqftAvg Size
2.5Avg Beds
3.1Avg Baths
$225/moHOA Fee
Homes for Sale(6)
For Sale
1/25
$509,500
25495 Grandview Lane, 25, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/26
$509,500
25549 Grandview Lane, 31, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/26
$504,500
25558 Grandview Lane, 38, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/46
$459,900
41626 Orianna Lane, Novi, MI
3 bd4 ba2,121 sqft
HOA: $225/mo
Condo
For Sale
1/49
$349,900
41633 Tera Lane, Novi, MI
3 bd3 ba2,020 sqft
HOA: $265/mo
Condo
For Sale
1/19
$297,000
41614 Hamlet Lane, 57, Novi, MI
2 bd2 ba1,332 sqft
HOA: $260/mo
Condo
Available for Rent(1)
$1,900/moMedian Rent
$1.41/sqftRent $/sqft
48dAvg DOM
15Leased (past 12mo)
Commercial(1)
Market Analytics
Recently Sold Residential (50)
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 $4,247 (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 $295,000, based on 15 closed sales. Sale prices have ranged from $265,000 to $497,500. That works out to roughly $220 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 $297,000 to $509,500.
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 1,803 square feet. Homes typically have 3 bedrooms.
What is the average days on market in Gateway Village Of Novi?
Homes in Gateway Village Of Novi sell in an average of 95 days, based on 15 sales over the past 12 months.
How competitive is the Gateway Village Of Novi real estate market?
With 4.8 months of inventory, Gateway Village Of Novi is currently a balanced market. This is based on 6 active listings and 15 sales in the past 12 months.
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