Kime Realty's Market Report

Oakland County, MI

Single-Family Homes

(734) 446-5744 | Info@KimeRealty.com



Oakland County, MI

Sun Mar 03 2024
This week the median list price for Oakland County, MI is $415,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 1,016. Click here to stay informed with the Oakland County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Oakland County, MI

Sun Mar 03 2024
This week the median list price for Oakland County, MI is $415,000 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has held steady at or around 1,016. Click here to stay informed with the Oakland County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Real-Time Market Profile

Never miss important changes in the Oakland County market.
Median List Price $415,000
Median Price of New Listings $329,450
Per Square Foot $223
Average Days on Market 129
Median Days on Market 63
Price Decreased 25%
Price Increased 4%
Relisted 20%
Inventory 1,016
Median Rent
Market Action 51
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,250,000 3,641 0.5 - 1 acre 4 3 23 13 44 119
$549,900 2,404 0.25 - 0.5 acre 4 2 30 27 53 84
$320,000 1,555 0.25 - 0.5 acre 3 2 67 48 56 35
$174,500 1,041 4,500 - 6,500 sqft 3 1 79 30 58 63