Oakland Township, MI 48306 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, the median sold price, is 632,000, which should be treated as the most reliable measure of realized market value and recent transaction activity in the neighborhood.
2. There is a notable gap between the median listing price (878,500) and the median sold price (632,000), which suggests pricing friction where seller expectations may be elevated relative to recent transaction prices; this gap may indicate negotiation pressure or selective price corrections.
3. Market liquidity appears slower based on the median days on market (254), which is consistent with longer selling timelines and suggests slower sales velocity rather than rapid turnover—pricing and time-on-market should be factored into pricing strategy and holding-cost stress tests.
4. Market fundamentals show a hot market with upward pressure on prices and rents: the market temperature is hot, price year-over-year trend is up, and rent year-over-year trend is up; interest rate signals are mixed—interest rate pressure is elevated and, per provided data, Current 30-year fixed mortgage rates in Oakland Township MI are 6.49%, which is 0.42% lower than the 6.91% average observed in this market earlier in 2026.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.