Oakland County, MI Real Estate & Property Data

Oakland County Real Estate Market Trends
Last Updated: April 24, 2024

With up-to-date real estate data get detailed insight into Oakland County, MI sourced from the nation’s leading property data provider. The current median home price in Oakland County, MI is $325,000. Oakland County real estate data shows that there have been a total of 18,447 residential properties sold over the past 12 months. ATTOM’s Oakland County real estate data indicates that the county has 82 properties in foreclosure and 10 REOs (real estate bank owned) properties.

Oakland County Real Estate Market Trends
Total Residential Properties 433,940
Total Commercial Properties 20,172
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 1,878
Total 2024 Residential Sales (year-to-date) 2,372
% of Homes Seriously Underwater (Q2 2024) 0.93%
Total 2023 Residential Sales 17,229
% of Equity Rich Homes (Q2 2024) 43.75%
Effective 2023 Property Tax 1.1%
Total Foreclosure Filings (year-to-date) 208
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Oakland County, MI Real Estate Overview

There were 18,447 residential properties sold in the past year in Oakland County, MI. The median home value in Oakland County, MI is $341,523. There are a total of 433,940 residential properties in the Oakland.

Median Sales Price i
$325,000
(Feb 2024)
+9.4%
year-over-year
y-o-y
  • February '24 Feb '24 $325,000
  • January '24 Jan '24 $305,000
  • December '23 Dec '23 $310,000
  • November '23 Nov '23 $330,000
  • October '23 Oct '23 $335,000
  • September '23 Sep '23 $330,000
  • August '23 Aug '23 $351,000
  • July '23 Jul '23 $335,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $331,000
  • April '23 Apr '23 $307,000
  • March '23 Mar '23 $319,500
Median Down Payment i
$31,500
(Feb 2024)
-4.5%
year-over-year
y-o-y
  • February '24 Feb '24 $31,500
  • January '24 Jan '24 $36,250
  • December '23 Dec '23 $37,000
  • November '23 Nov '23 $40,250
  • October '23 Oct '23 $47,000
  • September '23 Sep '23 $43,375
  • August '23 Aug '23 $50,000
  • July '23 Jul '23 $41,800
  • June '23 Jun '23 $42,950
  • May '23 May '23 $39,725
  • April '23 Apr '23 $33,750
  • March '23 Mar '23 $33,000
Number of Homes Sold i
1,177
(Feb 2024)
+25.2%
year-over-year
y-o-y
  • February '24 Feb '24 1,177
  • January '24 Jan '24 1,195
  • December '23 Dec '23 1,180
  • November '23 Nov '23 1,354
  • October '23 Oct '23 1,535
  • September '23 Sep '23 1,629
  • August '23 Aug '23 1,782
  • July '23 Jul '23 1,733
  • June '23 Jun '23 1,746
  • May '23 May '23 1,505
  • April '23 Apr '23 1,216
  • March '23 Mar '23 1,455
Number of Purchase Loans i
882
(Feb 2024)
+14.4%
year-over-year
y-o-y
  • February '24 Feb '24 882
  • January '24 Jan '24 874
  • December '23 Dec '23 880
  • November '23 Nov '23 957
  • October '23 Oct '23 1,028
  • September '23 Sep '23 1,120
  • August '23 Aug '23 1,293
  • July '23 Jul '23 1,223
  • June '23 Jun '23 1,246
  • May '23 May '23 1,156
  • April '23 Apr '23 873
  • March '23 Mar '23 1,115
Number of REFI Loans i
851
(Feb 2024)
+62.1%
year-over-year
y-o-y
  • February '24 Feb '24 851
  • January '24 Jan '24 671
  • December '23 Dec '23 623
  • November '23 Nov '23 787
  • October '23 Oct '23 956
  • September '23 Sep '23 731
  • August '23 Aug '23 978
  • July '23 Jul '23 984
  • June '23 Jun '23 860
  • May '23 May '23 801
  • April '23 Apr '23 732
  • March '23 Mar '23 707
Number of HELOC Loans i
367
(Feb 2024)
-9.6%
year-over-year
y-o-y
  • February '24 Feb '24 367
  • January '24 Jan '24 393
  • December '23 Dec '23 420
  • November '23 Nov '23 518
  • October '23 Oct '23 532
  • September '23 Sep '23 503
  • August '23 Aug '23 560
  • July '23 Jul '23 518
  • June '23 Jun '23 458
  • May '23 May '23 546
  • April '23 Apr '23 464
  • March '23 Mar '23 518

Oakland County, MI Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Oakland County, MI Foreclosure Activity

There were a total of 82 Oakland County, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 82 Oakland County, MI properties and repossessed 10 Oakland County, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
82
(Feb 2024)
+34.4%
year-over-year
y-o-y
  • February '24 Feb '24 82
  • January '24 Jan '24 126
  • December '23 Dec '23 98
  • November '23 Nov '23 80
  • October '23 Oct '23 110
  • September '23 Sep '23 113
  • August '23 Aug '23 97
  • July '23 Jul '23 82
  • June '23 Jun '23 89
  • May '23 May '23 86
  • April '23 Apr '23 67
  • March '23 Mar '23 134
Foreclosure Starts i
82
(Feb 2024)
+34.4%
year-over-year
y-o-y
  • February '24 Feb '24 82
  • January '24 Jan '24 126
  • December '23 Dec '23 98
  • November '23 Nov '23 80
  • October '23 Oct '23 110
  • September '23 Sep '23 113
  • August '23 Aug '23 97
  • July '23 Jul '23 82
  • June '23 Jun '23 89
  • May '23 May '23 86
  • April '23 Apr '23 67
  • March '23 Mar '23 134
Completed Foreclosures (REOs) i
10
(Feb 2024)
+11.1%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 11
  • December '23 Dec '23 14
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 12
  • August '23 Aug '23 10
  • July '23 Jul '23 7
  • June '23 Jun '23 8
  • May '23 May '23 20
  • April '23 Apr '23 11
  • March '23 Mar '23 13
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