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County Overview

Oakland County, MI

Aggregate real estate market report across county ZIPs
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Oakland County, MI real estate market currently shows 5,001 active listings, with 1,853 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 455 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 33 days last year.

The median listing price has fallen 0.7% year-over-year, from $432,500 to $429,500.

Whether you are buying or selling in Oakland County, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,299,854  ·  Density: 942.5/mi²  ·  Median household income: $101,777

Typical home value: $316,406  ·  Homeownership: 73.3%

Included Areas

Farmington: 48331, 48332, 48333, 48334, 48335, 48336

Southfield: 48033, 48034, 48037, 48075, 48076, 48086

Troy: 48007, 48083, 48084, 48085, 48098, 48099

Bloomfield Hills: 48301, 48302, 48303, 48304

Lake Orion: 48359, 48360, 48361, 48362

Novi: 48374, 48375, 48376, 48377

Pontiac: 48340, 48341, 48342, 48343

Rochester: 48306, 48307, 48308, 48309

West Bloomfield: 48322, 48323, 48324, 48325

Clarkston: 48346, 48347, 48348

Royal Oak: 48067, 48068, 48073

Waterford: 48327, 48328, 48329

Auburn Hills: 48321, 48326

Birmingham: 48009, 48012

Area Map

Market Overview

Active Listings
5,001
⇧ 10% vs 4,546 last year
Pending
1,853
37% pending ratio
Median Price
$429,500
⇩ 0.7% vs $432,500 last year
Average Price
$650,742
⇩ 4.8% vs $683,649 last year
Days on Market
35
⇧ 6.1% vs 33 days last year

Price Per Square Foot

Median $/sqft
$235
⇧ 0.9% vs $233/sqft last year
Median Home Size
1,872 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 12.9% vs 0.2% last year
Price Increased
0%
⇩ 31%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %