Rochester Hills, 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. median sold price: $649,900 is the most reliable indicator of realized market value in May 2026 and suggests recent transactions are anchoring pricing well below asking levels, which may indicate pricing friction between seller expectations and closed deals.
2. median listing price: $1,000,000 relative to the median sold price highlights a meaningful gap that appears to pressure negotiations and may extend time-to-close; paired with median days on market: 283, this suggests slower sales velocity even as prices trend upward.
3. market temperature: hot and price year-over-year trend: up together signal persistent demand that supports higher price levels, meaning sellers can remain selective but should account for the observed listing-to-sale gap when pricing to transact quickly.
4. median price per square foot: $216 and median market rent: $2,800 provide context for valuation and income comparables in underwriting and pricing decisions, while interest rate pressure: moderate (with 30-year fixed rates around 6.5% locally) advises caution on buyer affordability and financing-dependent offers.

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.