The story of this market
The typical home in Oakland County, Michigan sells for about $392,187, or $261 per square foot.
Prices are up +1.9% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. Over the long run, values in this county have grown 85% since 2000. Last year 252 of 325 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is tornado, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,459 a month.
HUD sets the fair market rent for a 2-bedroom at $1,459 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+3.7%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2014 (+12.2%). Worst: 2009 (-13.1%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,777
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.7%
2025 change
FHFA repeat-sales index, median of 325 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
25
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $359,060,570.
Mortgage activity
Home lending in this county
78.8%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 70667 | 39671 | 78.8% | 2.7% | $265,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Oakland County, Michigan
The Oakland County housing market is showing signs of cooling as inventory levels rise and price growth moderates. While demand remains steady, the increase in active listings is providing buyers with more options and slowing the pace of price appreciation compared to previous years.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 37 cities · 67 ZIP reports
Median prices moved up 3.1% year over year.
Homes spend a median of 40 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 19.56% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 6.8% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 65 researched ZIP reports of 67 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Oakland County, Michigan — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 13, 2026.
researched Sep 30
researched Sep 30
researched Sep 30
researched Oct 1
researched Sep 18
researched Sep 19
researched Sep 19
researched Sep 30
researched Sep 30
researched Sep 30
| 48009 | Birmingham | $1,050,000 | $345 | — | 42 | 98% | — | 3 | 145 | $1,902 | researched Sep 30 |
| 48017 | Clawson | $329,900 | $175 | +4.2% | 35 | 98.5% | 15% | 3.2 | 103 | $1,254 | researched Sep 30 |
| 48025 | Beverly Hills | $665,333 | $252 | +9.1% | 17 | — | — | — | 19 | $2,112 | researched Sep 30 |
| 48030 | Hazel Park | $184,900 | $165 | +2.7% | 47 | 98.5% | 28% | 3.1 | 96 | $1,314 | researched Oct 1 |
| 48033 | Southfield | $200,000 | $126 | -14% | 49 | 100% | — | — | 3 | $1,299 | researched Sep 18 |
| 48034 | Southfield | $260,252 | $145 | +1.9% | 35 | — | — | — | 211 | $1,299 | researched Sep 19 |
| 48067 | Royal Oak | $362,500 | $235 | +1.4% | 58 | 98.5% | 40.8% | 3.2 | 119 | $1,489 | researched Sep 19 |
| 48069 | Pleasant Ridge | $950,000 | $250 | +4.5% | 54 | 100% | — | — | 8 | $1,720 | researched Sep 30 |
| 48070 | Huntington Woods | $624,950 | $395 | +4.7% | 23 | 99.2% | 15% | 2.1 | 24 | $2,493 | researched Sep 30 |
| 48071 | Madison Heights | $240,000 | $185 | +8.6% | 28 | 99.2% | 22% | 2.1 | 104 | $1,176 | researched Sep 30 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Oakland County generally reports lower crime rates compared to the broader Detroit metropolitan area, with safety trends remaining stable across its suburban municipalities.
The county is home to highly-rated public school districts, including Troy, Bloomfield Hills, and Novi, which are consistently recognized for academic excellence and high graduation rates.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas, with property insurance markets remaining stable but sensitive to national climate-related premium adjustments.
Oakland County serves as a major economic hub with a strong presence in automotive R&D, healthcare, and technology, supported by significant infrastructure investments and corporate campus expansions.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The county's economy is anchored by the automotive industry, healthcare systems, and professional services, maintaining a robust employment base with significant momentum in the tech sector.
The county is served by a network of major freeways including I-75, I-696, and M-59, facilitating regional connectivity, though public transit options remain limited outside of core urban areas.
The Oakland County Equalization Division oversees the assessment process, ensuring uniformity across local units of government in compliance with state law.
The county includes various special districts for water, sewer, and drainage management, alongside numerous independent school districts that operate autonomously.
Property insurance premiums in the county are influenced by regional weather patterns and national trends, with most homeowners maintaining standard coverage.
- C.J. Barrymore's4.422.5 mi
- Dave & Buster's Livonia412.1 mi
- Dave & Buster's Utica4.116.7 mi
- Round1 Bowling & Arcade - Auburn Hills4.17.8 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.424.1 mi
- Little Caesars Arena4.622.5 mi
- Comerica Park4.722.8 mi
- Ford Field4.622.9 mi
- Pine Knob Music Theatre4.610.7 mi
- Huntington Place4.523.5 mi
- Detroit Zoo4.512.4 mi
- Kensington Metropark4.716.7 mi
- Emagine Royal Oak4.312.1 mi
- SEA LIFE Michigan Aquarium4.38 mi
- Stony Creek Metropark4.715.7 mi
- Henry Ford Museum of American Innovation4.820.6 mi
- Detroit Institute of Arts4.821.2 mi
- Greenfield Village4.820.6 mi
- Michigan Central4.822.5 mi
- Motown Museum4.720.2 mi
- Kensington Metropark4.716.7 mi
- Stony Creek Metropark4.715.7 mi
- Glenlore Trails4.57.1 mi
- Maybury State Park4.815 mi
- Dodge Park4.716.5 mi
- Topgolf4.27.9 mi
- Shepherd's Hollow Golf Club4.311.5 mi
- Cherry Creek Golf Club4.517 mi
- Western Golf & Country Club4.613.8 mi
- Novi Putting Edge4.210.2 mi
- Great Lakes Crossing Outlets4.57.9 mi
- Somerset Collection4.68.1 mi
- Twelve Oaks Mall4.49.7 mi
- Oakland Mall4.112.1 mi
- Detroit Metropolitan Wayne County Airport4.326.2 mi
- Windsor International Airport4.229.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A vast system of parks offering trails, beaches, and recreational facilities that serve as a primary outdoor amenity for residents.
A premier luxury shopping destination in Troy that serves as a major retail anchor for the region.
A world-renowned center for art, education, and science located in Bloomfield Hills, featuring historic architecture and gardens.
Data retrieved from data.census.gov
applies when — Real property owned and used as a homestead by a disabled veteran or their surviving spouse.
Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility.
MCL 211.7b
applies when — Delinquency in real property tax payments.
A three-year forfeiture and foreclosure process. Property is forfeited to the county treasurer after two years of delinquency. If taxes remain unpaid by March 31 of the third year, the property is foreclosed upon by the Foreclosing Governmental Unit.
General Property Tax Act, Public Act 206 of 1893; MCL 211.78k
applies when — Transfer of interest in real estate consisting of not less than 1 or more than 4 residential dwelling units.
Sellers must provide a written disclosure statement to prospective buyers regarding the condition of the property, including known defects.
Seller Disclosure Act, Act 92 of 1993
Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs. The tax is calculated by multiplying the taxable value by the local millage rate.
General Property Tax Act, Public Act 206 of 1893
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.