The story of this market
The typical home in ZIP 48348 sells for about $532,400, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,204 a month.
ZIP 48348 — Clarkston
The 48348 housing market shows steady value appreciation and strong demand for single-family homes, supported by high household incomes and quality school districts. While inventory remains tight, the market is balancing against broader economic headwinds, resulting in a stable but measured pace of sales. Note: Specific closed sales counts and months of supply are based on current market snapshots; some granular data points were unavailable and are marked as null.
This ZIP is well-suited for family buyers seeking suburban space and high-quality schools, as well as professionals commuting to the northern Detroit tech and automotive corridors.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 3.5 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 4.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 48348, Oakland County MI
Clarkston generally reports lower crime rates compared to the broader Detroit-Warren-Dearborn metropolitan area, with property crime being the primary concern.
The area is served by highly-rated public schools within the Clarkston Community Schools district, which is frequently recognized for strong academic performance.
The region faces moderate risks related to severe winter weather and occasional wind events, with standard insurance coverage typically sufficient for residential properties.
Economic momentum is driven by proximity to the I-75 corridor and the presence of major automotive and healthcare employers 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 I-75 toward the employment hubs of Auburn Hills, Troy, and downtown Detroit.
The area features extensive access to outdoor recreation including Independence Oaks County Park, numerous inland lakes, and local golf courses.
The rental market is characterized by moderate vacancy pressure and steady demand, with limited short-term rental inventory compared to urban centers.
The local economy is anchored by the automotive industry, healthcare systems, and professional services concentrated in the Oakland County region.
Transportation is heavily reliant on private vehicles, with I-75 serving as the primary artery for regional connectivity.
Development is focused on mixed-use revitalization in the village center and managed residential growth on the periphery.
Oakland County Equalization Division oversees property assessments, ensuring compliance with state constitutional caps on taxable value increases.
Parcels are subject to Clarkston Community Schools district taxes and various county-wide millages for parks and public safety.
Property insurance premiums are stable, though homeowners should account for standard Michigan weather-related risk factors.
Michigan continues to see modest net domestic migration shifts, with Oakland County remaining a primary destination for regional movers.
Michigan operates as a non-judicial foreclosure state, with a statutory redemption period following the sheriff's sale.
Sellers are required to provide a comprehensive Seller's Disclosure Statement covering the condition of the property's major systems.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Pine Knob Music Theatre4.62.3 mi
- Topgolf4.27.5 mi
- Michigan Renaissance Festival4.49.8 mi
- SEA LIFE Michigan Aquarium4.37 mi
- The Hawk - Farmington Hills Community Center4.519.1 mi
- SEA LIFE Michigan Aquarium4.37 mi
- Round1 Bowling & Arcade - Auburn Hills4.17.1 mi
- LEGOLAND® Discovery Center Michigan4.27.1 mi
- MJR Waterford Cinema4.77.8 mi
- Mt Holly Ski & Snowboard Resort4.59.3 mi
- Cranbrook House & Gardens4.816 mi
- Cranbrook Institute of Science4.715.7 mi
- Meadow Brook Hall4.812.2 mi
- River Bends Park4.719.4 mi
- Cranbrook Art Museum4.715.9 mi
- Holly Recreation Area4.76.9 mi
- Addison Oaks County Park and Campground4.612.2 mi
- Dodge #4 State Park4.610.9 mi
- Indian Springs Metropark4.66.2 mi
- Bald Mountain State Recreation Area4.68.3 mi
- SkipperBud's3.415.9 mi
- Topgolf4.27.5 mi
- Shepherd's Hollow Golf Club4.34.3 mi
- Pine Knob Golf Club4.42.6 mi
- Paint Creek Country Club4.45.6 mi
- Fieldstone Golf Club3.99.3 mi
- Great Lakes Crossing Outlets4.57 mi
- Canterbury Village4.36.2 mi
- Meijer4.18.3 mi
- Meijer47.3 mi
- Meijer4.110.6 mi
- Bishop International Airport4.522 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering trails, swimming, and fishing.
Major outdoor amphitheater hosting national touring acts.
Historic downtown district with local boutiques and restaurants.
Deterministic aggregate of 1 researched property 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 1 researched property on the ARED base layer. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).