2026 Compare Cities Housing:
Novi, MI vs Petoskey, MI

Change Cities
Highlights
- The median age of a home in Novi is 69.0% younger than the median age of a home in Petoskey.
 Novi, MIPetoskey, MIUnited States
 Median Home Age29  Unlock42
 Median Home Cost  Unlock$346,000$338,100
 Home Appr. Last 12 months11.4%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock68.6%57.0%
 Home Appr. Last 10 yrs.110.3%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned63.5%  Unlock57.4%
 Housing Vacant  Unlock21.2%11.2%
 Homes Rented31.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Novi, MIPetoskey, MIUnited States
 Average Rent  Unlock$1,200$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$760$1,180
 2 Bedroom Home or Apartment$1,630  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,220$1,860
 4 Bedroom Home or Apartment$2,190  Unlock$2,160
 space1
 Vacant Housing
 Novi, MIPetoskey, MIUnited States
 Vacant For Rent  Unlock1.1%1.9%
 Vacant Rented0.2%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock19.6%3.6%
 Vacant Other1.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Novi, MIPetoskey, MIUnited States
 Less Than $20,000  Unlock0.8%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  Unlock2.2%4.5%
 $100,000 to $149,9995.5%  Unlock11.3%
 $150,000 to $199,999  Unlock16.0%13.0%
 $200,000 to $299,99919.6%  Unlock20.1%
 $300,000 to $399,999  Unlock17.0%13.6%
 $400,000 to $499,99915.3%  Unlock8.3%
 $500,000 to $749,999  Unlock3.5%9.7%
 $750,000 to $999,9993.1%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.1%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.6%1.1%
 space3
 Housing Units By Year Built
 Novi, MIPetoskey, MIUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock6.1%13.6%
 2000 to 200918.5%  Unlock13.6%
 1990 to 1999  Unlock15.6%13.6%
 1980 to 198917.7%  Unlock13.2%
 1970 to 1979  Unlock20.4%14.8%
 1960 to 196923.9%  Unlock13.6%
 1950 to 1959  Unlock9.8%10.0%
 1940 to 19490.4%  Unlock4.7%
 1939 or Earlier  Unlock22.3%12.2%
Reviews for Novi    5 Reviews

Over 16 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

   |    Reply

Over 17 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

   |    Reply

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

   |    Reply

Start Your Review of Novi

Reviews for Petoskey    15 Reviews

The people in Petoskey are generally pleasant, friendly, and courteous .... even the teenagers in our experience. Petoskey is certainly a physically attractive area in  More

   |    Reply

Petoskey, between Harbor Springs and Charlevoix, is in a trio of small northern Lower Michigan towns that exceeds the charm and sophistication of typical small towns.   More

   |    Reply

Over 7 years ago

My husband and I have lived in Petoskey for 8 years. We have lived in Arizona, Utah, Colorado, Virginia and Ohio and by far, Petoskey is our favorite place to live. We  More

   |    Reply

Start Your Review of Petoskey


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.