The story of this market
The typical home in ZIP 48356 sells for about $439,900, or $207 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $874 a month.
ZIP 48356 — Highland
The housing market in 48356 remains stable with moderate price appreciation and low inventory levels. Demand is driven by families seeking suburban living, though high mortgage rates continue to temper transaction volume. Figures for specific market metrics like price cuts and sale-to-list ratios are based on current local listing data.
This ZIP is well-suited for families and outdoor enthusiasts who prioritize access to recreation and a suburban lifestyle while maintaining a commute to regional employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 31 days on market with 3.2 months of supply — a fast-moving market.
13% 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 2.7% · poverty 6.3% — 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 4.5%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 48356, Oakland County MI
Highland Charter Township generally reports lower crime rates compared to the broader Detroit-Warren-Dearborn metropolitan area, with property crime being the primary concern.
Schools serving the area are primarily part of the Huron Valley School District, which is generally regarded as providing stable educational outcomes for the community.
The area faces standard regional risks including seasonal severe weather and localized flooding near lakefront properties; insurance premiums are consistent with Oakland County averages.
Economic momentum is driven by proximity to the Detroit metro employment core and local service-sector businesses, with limited large-scale industrial development within the ZIP itself.
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 by car toward employment hubs in Pontiac, Auburn Hills, and the broader Detroit metro area via M-59 and US-23.
The area features significant natural amenities including Highland Recreation Area, numerous inland lakes, and local trail systems suitable for outdoor activities.
The rental market is characterized by low inventory and high demand, with a mix of single-family home rentals and limited multi-family options.
The local economy is supported by a mix of small businesses, retail, and service industries, with many residents employed in the automotive and manufacturing sectors in neighboring Oakland County cities.
Transportation is heavily reliant on private vehicles; public transit options are limited, with primary access via M-59.
Development is largely constrained by existing zoning and environmental protections, with focus on maintaining the township's rural-suburban character.
Oakland County Equalization Division oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to Huron Valley School District taxes and various local township special assessment districts for fire and emergency services.
Property insurance rates are stable, though homeowners should account for potential coverage requirements related to proximity to wooded areas and lakes.
Data retrieved from US Census Bureau ACS 2023 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.
- Dave & Buster's Livonia417.6 mi
- Round1 Bowling & Arcade - Auburn Hills4.114.8 mi
- The HUB Stadium & Restaurant, Auburn Hills4.417.3 mi
- Sky Zone Trampoline Park4.38.1 mi
- Urban Air Trampoline and Adventure Park4.28.1 mi
- Pine Knob Music Theatre4.612.3 mi
- Vibe Credit Union Showplace4.312.2 mi
- Topgolf4.215.2 mi
- Michigan Renaissance Festival4.413.2 mi
- SEA LIFE Michigan Aquarium4.314.9 mi
- Kensington Metropark4.79.9 mi
- Emagine Novi4.512.3 mi
- MJR Waterford Cinema4.77.5 mi
- Mt Holly Ski & Snowboard Resort4.512.2 mi
- Island Lake Recreation Area4.712.5 mi
- Cranbrook House & Gardens4.818.1 mi
- Sri Venkateswara Temple & Cultural Center4.812.6 mi
- Cranbrook Institute of Science4.717.8 mi
- Meadow Brook Hall4.819.3 mi
- Cranbrook Art Museum4.717.9 mi
- Kensington Metropark4.79.9 mi
- Glenlore Trails4.57.5 mi
- Island Lake Recreation Area4.712.5 mi
- Seven Lakes State Park4.711.5 mi
- Holly Recreation Area4.711.4 mi
- SkipperBud's3.413.4 mi
- Mac's Marina Inc4.518.3 mi
- Shepherd's Hollow Golf Club4.37.9 mi
- Lyon Oaks County Park and Golf Course4.39.3 mi
- Novi Putting Edge4.212.2 mi
- On The Dunes Sports4.210 mi
- Pine Knob Golf Club4.412.2 mi
- Twelve Oaks Mall4.412.6 mi
- Meijer4.110.3 mi
- Meijer4.211.1 mi
- Meijer4.110.8 mi
- Macy's4.212.6 mi
- Bishop International Airport4.522.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state-managed park offering trails, lakes, and camping.
Popular local lake for fishing and recreational boating.
Small historic district with local retail and dining options.
Key-figure check: median price diverges 28.5% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $314,500 (-28.5% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.