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2025 Compare Cities Housing:
Novi, MI vs Farragut, TN

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Highlights
- The median age of a home in Novi is 3.4% younger than the median age of a home in Farragut.
 Novi, MIFarragut, TNUnited States
 Median Home Age29  Unlock42
 Median Home Cost  Unlock$559,200$338,100
 Home Appr. Last 12 months11.4%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock82.5%57.0%
 Home Appr. Last 10 yrs.110.3%  Unlock101.1%
 Property Tax Rate  Unlock$4.9$11.0
 Homes Owned63.5%  Unlock57.4%
 Housing Vacant  Unlock2.5%11.2%
 Homes Rented31.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Novi, MIFarragut, TNUnited States
 Average Rent  Unlock$2,250$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,440$1,180
 2 Bedroom Home or Apartment$1,630  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,280$1,860
 4 Bedroom Home or Apartment$2,190  Unlock$2,160
 space1
 Vacant Housing
 Novi, MIFarragut, TNUnited States
 Vacant For Rent  Unlock0.3%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other1.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Novi, MIFarragut, TNUnited States
 Less Than $20,000  Unlock0.3%2.6%
 $20,000 to $39,9992.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.7%  Unlock3.9%
 $80,000 to $99,999  Unlock0.2%4.5%
 $100,000 to $149,9995.5%  Unlock11.3%
 $150,000 to $199,999  Unlock6.8%13.0%
 $200,000 to $299,99919.6%  Unlock20.1%
 $300,000 to $399,999  Unlock20.3%13.6%
 $400,000 to $499,99915.3%  Unlock8.3%
 $500,000 to $749,999  Unlock21.4%9.7%
 $750,000 to $999,9993.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.7%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
 space3
 Housing Units By Year Built
 Novi, MIFarragut, TNUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock17.3%13.6%
 2000 to 200918.5%  Unlock13.6%
 1990 to 1999  Unlock26.0%13.6%
 1980 to 198917.7%  Unlock13.2%
 1970 to 1979  Unlock16.6%14.8%
 1960 to 196923.9%  Unlock13.6%
 1950 to 1959  Unlock1.1%10.0%
 1940 to 19490.4%  Unlock4.7%
 1939 or Earlier  Unlock1.3%12.2%
Transportation
Reviews for Novi    5 Reviews
Animesh · Novi, MI
I Enjoy Living in Novi
Over 15 years ago

We moved in here in Dec'06 and bought a nice villa condo in Island Lake of Novi. It is a nice sub and enjoy living here. There are nice shopping and recreation  More

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Valerie · Novi, MI
Range of seasons
Over 16 years ago

Spring is beautiful, mild days, cool nights; Summer can be mild to very hot with moderate to high humidity; Autumn is mild usually until the end of October; Winters can  More

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Jeffrey M · Kalamazoo, MI
Upper-Middle Class Suburbia
Over 17 years ago

Overall, Novi is a great place for those who are looking for a city that has the advantages of a very big city (good night life, many restaurants/coffee shops/ect.,  More

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Reviews for Farragut    4 Reviews
jeanne · Deland, FL
house hunting in Farragut is the worst housing mar
Over 12 years ago

We recently were transferred to East Tennessee and chose the Knoxville are, Farragut to be exact, to call home. Not happy about once again leaving my full life to start  More

   |    Reply
Dana · St. Charles, IL
We are thinking of moving to Farragut from the Mid
Over 14 years ago

What are your thoughts on living in  More

   |    Reply
Brittany  · Birmingham, AL
Dear John- Wish you could have Actually visited Fa
Over 15 years ago

HA! John from LA, I have been to LA and the only thing that state has going for it, is having Nick Saban as LSU's coach for a short time and New Orleans. Even New  More

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Learn More About Novi, Michigan
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Learn More About Farragut, Tennessee
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