House Prices

Shawood Lake Novi, MI House Prices & Home Values 2026


Average Data

average house price$422,790
average size per house2101 ft²
average price per ft²220 $ / ft²

04/15/2026 - The value range (VR) for house prices in Shawood Lake Novi, MI is $209/ sqft to $231/ sqft. An average home with 2101 sqft costs approximately $479,508 to $529,982. Novi, MI includes 1 ZIP codes and it is located in Oakland county. The lowest prices are found in ZIP 48377, while the highest are in ZIP 48377. The average price per sqare feet is $220. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Shawood Lake Novi

48377210 $ / ft²




Historical development of home values in Shawood Lake Novi

Year Estimated value (USD) Change vs. 2025
2010 $196,351 -53.6%
2011 $188,758 -55.4%
2012 $188,250 -55.5%
2013 $195,286 -53.8%
2014 $204,997 -51.5%
2015 $215,518 -49.0%
2016 $226,765 -46.4%
2017 $239,005 -43.5%
2018 $252,218 -40.3%
2019 $263,913 -37.6%
2020 $277,556 -34.4%
2021 $315,690 -25.3%
2022 $368,024 -13.0%
2023 $388,098 -8.2%
2024 $410,551 -2.9%
2025 $422,790 0.0%

Graph: estimated home values in Shawood Lake Novi over time (USD)



Example: 100% financing house in Shawood Lake Novi

Loan amount: $422,790

Interest rate: 6.55%

Fixed monthly payment: $2,686.80

Breakdown in the 1st month:
Interest portion: $2,308.43  –  Principal portion: $378.36

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,562.34 $4,679.20 $418,110.80
2 $27,246.38 $4,995.16 $413,115.64
3 $26,909.09 $5,332.45 $407,783.19
4 $26,549.02 $5,692.52 $402,090.67
5 $26,164.64 $6,076.90 $396,013.77
6 $25,754.31 $6,487.23 $389,526.54
7 $25,316.27 $6,925.28 $382,601.26
8 $24,848.64 $7,392.90 $375,208.36
9 $24,349.45 $7,892.09 $367,316.27
10 $23,816.54 $8,425.00 $358,891.27
11 $23,247.66 $8,993.89 $349,897.38
12 $22,640.35 $9,601.19 $340,296.19
13 $21,992.05 $10,249.50 $330,046.69
14 $21,299.96 $10,941.58 $319,105.11
15 $20,561.14 $11,680.40 $307,424.71
16 $19,772.44 $12,469.11 $294,955.60
17 $18,930.48 $13,311.07 $281,644.54
18 $18,031.66 $14,209.88 $267,434.65
19 $17,072.16 $15,169.39 $252,265.27
20 $16,047.86 $16,193.68 $236,071.58
21 $14,954.40 $17,287.14 $218,784.44
22 $13,787.11 $18,454.44 $200,330.01
23 $12,540.99 $19,700.55 $180,629.46
24 $11,210.74 $21,030.81 $159,598.65
25 $9,790.66 $22,450.89 $137,147.77
26 $8,274.69 $23,966.86 $113,180.91
27 $6,656.35 $25,585.19 $87,595.72
28 $4,928.74 $27,312.80 $60,282.92
29 $3,084.48 $29,157.06 $31,125.86
30 $1,115.68 $31,125.86 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Shawood Lake Novi, MI


1500 sqft3900 sqft
Ø selling price$436,036$927,567
Ø fast selling$396,397$834,810
Ø high price sale$475,676$1,020,324

In 2026, houses in Shawood Lake Novi, MI will be offered at an average price of $220 per square foot. A 1,500 sqft home priced at $436,036 is 25.12% more expensive per square foot than a 3,900 sqft home priced at $927,567. Home prices in Shawood Lake Novi, MI vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $642,162. Sellers who can wait longer may achieve a higher price of up to $784,865.


Explore Shawood Lake in Novi, MI

Location & Neighborhood Vibe

Shawood Lake in Novi, MI is a serene lakeside neighborhood tucked between mature woods and the south shore of Walled Lake.
Residents enjoy a quiet, walkable setting with winding streets, natural views, and easy access to neighborhood parks.
Its central Novi location places daily conveniences, schools, and recreation within minutes.
For homebuyers, Shawood Lake offers the blend of small-lake tranquility and big-city connectivity that defines Novi living.

Outdoor Recreation & Amenities

Outdoor lovers appreciate immediate access to Lakeshore Park trails for hiking, biking, and winter fun.
The area provides lake-life activities such as kayaking, paddleboarding, fishing, and birdwatching right from the neighborhood.
Nearby beaches, playgrounds, and picnic areas make weekend plans effortless for families and friends.

Homes & Real Estate

Real estate around Shawood Lake ranges from charming cottages to renovated year?round homes, with occasional waterfront opportunities.
With limited inventory and steady demand, this pocket of Novi sees strong interest from buyers seeking waterfront homes in Novi and proximity to the Novi School District.
Commuters benefit from quick routes to I?96, I?275, and M?5, plus shopping and dining at Twelve Oaks Mall and downtown Wixom.



FAQ – Home Values in Shawood Lake Novi

What is the median home value in Shawood Lake Novi in 2026?

In 2026, the typical home value in Shawood Lake Novi is about $422,790 for an average home size of 2101 square feet. This corresponds to an average price of roughly $220 per square foot.

What is the average cost per square foot in Shawood Lake Novi?

In 2026, homes in Shawood Lake Novi sell for an average of around $220 per square foot, with a typical range between $209 and $231 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Shawood Lake?

The average home size in Shawood Lake Novi is about 2101 square feet, with an estimated 2026 value around $422,790.



Neighborhoods close to Shawood Lake Novi, MI

Downtown Flint Flint, MI28 $ / ft²
Forest Dunes Roscommon, MI73 $ / ft²
Springport Harrisville, MI88 $ / ft²
Aldingbrooke West Bloomfield, MI236 $ / ft²
Bloomfield Square Bloomfield Hills, MI383 $ / ft²
Osborn Detroit, MI32 $ / ft²
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