The story of this market
The typical home in ZIP 48306 sells for about $628,000, or $213 per square foot.
Prices are up +23.6% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,709 a month.
ZIP 48306 — Rochester Hills
The 48306 housing market is highly competitive with significant year-over-year price appreciation. Low inventory and strong demand are driving rapid sales, though some data points like rent and specific tax rates are not currently published at the ZIP level.
This ZIP is well-suited for family buyers and professionals seeking suburban living with access to top-tier schools and luxury housing options.
Median prices moved up 23.6% year over year.
Homes spend a median of 21 days on market with 3.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 2.4% — a stable, low-distress profile.
ZCTA 48306, Oakland County MI
The area is served by highly-rated public schools within the Rochester Community School District.
The area features significant high-end residential development and proximity to major employment hubs in Oakland County.
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.
Residents primarily commute via M-59 and I-75 toward the employment centers of Auburn Hills, Troy, and Detroit.
The area offers access to local parks, golf courses, and shopping districts in Rochester and Rochester Hills.
The local economy is anchored by the automotive, technology, and healthcare sectors in the surrounding Oakland County region.
Data retrieved from Census Bureau ZCTA profiles.
- C.J. Barrymore's4.414 mi
- Dave & Buster's Utica4.19 mi
- Round1 Bowling & Arcade - Auburn Hills4.17.9 mi
- Urban Air Trampoline and Adventure Park4.29.4 mi
- Red Oaks Waterpark4.413.7 mi
- Pine Knob Music Theatre4.611.8 mi
- Topgolf4.27.5 mi
- SEA LIFE Michigan Aquarium4.37.8 mi
- C.J. Barrymore's4.414 mi
- Michigan Lottery Amphitheatre at Freedom Hill4.413.6 mi
- SEA LIFE Michigan Aquarium4.37.8 mi
- Stony Creek Metropark4.73.8 mi
- MJR Troy Cinema4.411.8 mi
- AMC Forum 303.97.8 mi
- MJR Marketplace Cinema4.512.8 mi
- Cranbrook House & Gardens4.811.5 mi
- Cranbrook Institute of Science4.711.3 mi
- Meadow Brook Hall4.84.3 mi
- River Bends Park4.76.4 mi
- Cranbrook Art Museum4.711.6 mi
- Stony Creek Metropark4.73.8 mi
- Dodge Park4.710.8 mi
- Innovation Hills4.75.1 mi
- Cranbrook House & Gardens4.811.5 mi
- Borden Park4.65 mi
- Topgolf4.27.5 mi
- Cherry Creek Golf Club4.56.8 mi
- Paint Creek Country Club4.49.4 mi
- Fieldstone Golf Club3.96.1 mi
- Pine Knob Golf Club4.411.7 mi
- Great Lakes Crossing Outlets4.58 mi
- Somerset Collection4.611.1 mi
- Oakland Mall4.112.6 mi
- Meijer4.212.5 mi
- The Mall at Partridge Creek4.511.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides extensive park systems and community amenities.
Deterministic aggregate of 2 researched properties in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 2 researched properties on the ARED base layer. Key-figure check: median price corroborated by the researched-property base layer (within 12.5%).