Lakewoode Parkhomes condos
Closed-sale statistics for Lakewoode Parkhomes, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $195,000
- Median days on market
- 20
- List-to-sale ratio
- 97.5%
- Median association fee
- $360/mo
16 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $195,000, in Novi Community School District at 36.32 homestead mills, the year-two bill is approximately $3,541 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
Before the mortgage, owning here runs about $655/month in taxes and association fees — the two lines portal estimates most often understate.
How Lakewoode Parkhomes compares in Novi
Of the 23 Novi subdivisions and condo projects we publish statistics for, Lakewoode Parkhomes's $195,000 median ranks 23 of 23 — 49% below the tracked-Novi median of $381,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Crosswinds West | $230,750 | 8 | $4,191 |
| Olde Orchard Country Homes | $217,950 | 6 | $3,958 |
| Applegate | $214,500 | 6 | $3,896 |
| Stonehenge | $200,450 | 22 | $3,640 |
| Lakewoode Parkhomes | $195,000 | 16 | $3,541 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Lakewoode Parkhomes right now
$179,900
39625 Village Wood Lane · Novi
2 bd · 2 ba · 860 sqft
Listing courtesy of Thrive Realty Company
$180,000
22886 Talford Street · Novi
2 bd · 1 ba · 875 sqft
Listing courtesy of KW Professionals
$189,900
39838 Village Wood Circle · Novi
3 bd · 1 ba · 895 sqft
Listing courtesy of 3DX Real Estate LLC
$200,000
22727 Cortes Street · Novi
3 bd · 1 ba · 1,540 sqft
Listing courtesy of KW Professionals
$215,000
22704 Cortes Street · Novi
3 bd · 3 ba · 1,805 sqft
Listing courtesy of Max Broock, REALTORS®-Birmingham
$225,000
39726 Village Wood Lane · Novi
2 bd · 1 ba · 875 sqft
Listing courtesy of The Paingol Group Realtors Inc
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
Get my numbers for an address Affordability calculator
Common questions
What is the median home price in Lakewoode Parkhomes?
The median closed sale price in Lakewoode Parkhomes (Novi) is $195,000, from 16 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Lakewoode Parkhomes?
At the median price, taxable value uncaps to roughly $97,500 and the year-two bill in Novi Community School District is approximately $3,541 at homestead rates.
What are HOA fees in Lakewoode Parkhomes?
The median association fee across recent sales is $360 per month.
How does Lakewoode Parkhomes compare with other Novi subdivisions?
Its $195,000 median ranks 23 of 23 Novi projects we track — 49% below the tracked-city median of $381,000.
More context: Novi property tax rates · school district breakdowns · all calculators