Northville Real Estate in January 2026

What I Am Seeing on the Ground

By Jeff Duneske | Northville REALTOR since 2000

January is always one of the most telling months of the year. On the surface, it can feel quiet. Fewer listings. Fewer open houses. A slower rhythm after the holidays.

But after more than twenty-five years of selling homes in Northville, I have learned that January often previews the spring market before most people realize it has started.

The latest numbers from Realcomp for the City of Northville and Northville Township are in, and there is more happening beneath the surface than the headlines suggest. Let me walk you through what the data shows and what I am actually seeing in conversations, showings, and negotiations.

Northville City: Early Demand Is Real

In the City of Northville, activity accelerated significantly this January.

New listings increased from 5 to 12 compared to last year. Pending sales tripled from 3 to 9. Closed sales also tripled from 2 to 6. For January, that is significant movement.

On the condo side, the jump was even more dramatic. Pending sales moved from 1 to 12. Closed sales increased from 1 to 10. Days on market dropped from 70 days last January to just 27 this year.

That is not a sleepy winter market. That is buyers stepping in early.

Inventory also expanded. Residential listings increased from 7 to 26. Condo inventory rose from 4 to 33. For buyers who have felt like there has been nothing to look at, that is welcome news.

Even with that increase, we are still at 1.8 months of supply for residential and 3.0 months for condos. A truly balanced market usually has four to six months of supply. By definition, this remains a seller-leaning market.

Prices reflect that stability. The median residential sales price was $632,500, up 6.8 percent year over year. The average price dipped slightly to $582,554, and the percent of list price received eased to 97.4 percent from 100.8 percent last January.

What does that tell me?

We are past the peak frenzy when every well-located home guaranteed multiple offers on the first weekend. Buyers are still active, but they are more selective. Pricing strategy matters again.

Northville Township: Fewer Sales, Higher Price Points

Northville Township tells a more nuanced story.

Closed sales declined from 8 last January to 3 this year. Pending sales dropped as well. On the surface, that could look like weakening demand.

But then you look at pricing.

The median residential sales price surged from $761,500 to $1,227,500. The average price jumped to $1,060,000. Sellers received an average of 101.5 percent of the list price.

Those numbers are heavily influenced by what sold. With a small number of transactions, a few higher-priced homes can significantly raise the median price. It does not mean every home appreciated by sixty percent. It means the mix of homes selling skewed toward the luxury end.

Here is what I am seeing on the ground.

Luxury, move-in-ready homes in prime neighborhoods continue to attract serious buyers. When a property checks the right boxes, buyers are not hesitating, even in January.

Inventory in the Township actually declined from 21 homes to 14, keeping supply tight. That limited inventory is helping support strong pricing for well-positioned homes.

Township Condos: More Options, Longer Decisions

The Township condo market showed increased listings but fewer closings. Days on market climbed from 29 to 49. Median prices rose to $365,000.

Again, we are dealing with smaller numbers, so percentage swings can appear exaggerated. What matters more is direction.

Buyers in this segment have more choices than they did a year ago. They are taking slightly longer to decide. Sellers who present well and price accurately are still succeeding. Those who overshoot the market are seeing longer marketing times.

What This Means If You Are Buying or Selling

For sellers, this remains a strong environment. Values in both the City and the Township have held firm and in many cases increased. But success is more dependent on preparation and pricing than it was during the peak frenzy years. Strategic positioning matters.

For buyers, inventory has improved, especially in the City condo market. You may not be competing against five offers in every price range. That said, well-located and well-updated homes are still moving quickly.

For everyone, January is a snapshot. We often deal with single-digit transaction counts. That is why I always focus on broader trends and what I am seeing property by property, not just month-to-month percentages.

My Perspective After Twenty-Five Years

I have been selling homes in Northville and Northville Township since 2000. Through rising markets, correction periods, and everything in between, one thing has remained consistent.

This community attracts buyers.

The schools. The walkable downtown. The neighborhoods. The quality of life. Those fundamentals create long-term demand that does not disappear because of a headline.

What changes is the strategy.

Right now, the difference between a smooth, successful sale and a frustrating one often comes down to accurate pricing, thoughtful preparation, and knowing exactly how your micro neighborhood and price tier are behaving.

If you want to talk through what these January numbers mean for your specific home or your buying plans this year, I am always available for a straightforward conversation.

Jeff Duneske
Northville REALTOR
Keller Williams Advantage
Call or text 248 939 9393

Data sourced from Realcomp II Ltd., January 2026 Local Market Update, current as of February 6, 2026. Statistics reflect the City of Northville and Northville Township separately. Small January sample sizes can cause larger percentage shifts.