Photo: Lrgjr72 · CC BY-SA 4.082 homes sold in Oakland Township in the last year, at a typical $922K
Redfin reports Oakland Township’s sales by ZIP code, so these figures are for ZIP 48363, which takes in Oakland Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oakland Township homes are listed.
Every place Oakland Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Oakland Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Oakland Township’s sales, at a typical $940K (year to May 2026)
82 homes sold in the year to September 2026.
typical sale · 93 sold in the year to May 2026
- Per square foot
- $258MI $172
- Days to sell
- 29
- Sold over asking
- 25%
Fewer homes sell than a decade ago, at twice the 2016 price
82 sales in the last year, against 131 in 2014 and a low of 73 in 2012. The typical sale went from $432K in 2016 to $922K.
Source: Redfin Data Center, MLS sales; for ZIP 48363, which takes in Oakland Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $900K buys in Oakland Township
Check a listing against what Oakland Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Oakland Township are more common than before the pandemic, but 61% fewer homes come up for sale
We read every month of home sales in ZIP 48363 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 82 sales.
If you’re buying in Oakland Township
- Shop in May. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- Bid near asking. Buyers paid 99.9% of the list price on average; 28% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 15 a month), but July is the most competitive: 25% of July sales close over asking. February has the least competition (17%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Michigan as a whole
| Oakland Township now | 2017–19 | 2021 peak | MI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 28% | 15% | 32% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 51% | 23% | 51% | 40% |
| Price paid vs. askingAverage sale price ÷ list price | 99.9% | 97.2% | 98.5% | 98.1% |
| Days to sellMedian days from listing to contract | 28 | 65 | 21 | 36 |
17 homes for sale on a typical day
That’s 61% fewer than in 2017–19 and well under 2012’s 93.
Source: Redfin Data Center, ZIP code tracker; for ZIP 48363, which takes in Oakland Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Oakland Township home costs about $5,537 a month
Price: Oakland Township’s typical sale, last 12 months. Property tax at Oakland Township’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oakland Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $922K home, about $8,710 a year.
Taxes vs. neighborsSchools
The schools grade for Oakland Township, from test results, graduation and how much students grow.
Schools in Oakland TownshipTypical commute
The average one-way trip to work for people who live in Oakland Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Rochester, Lake Orion, Rochester Hills, Auburn Hills, Shelby Township and Romeo sell for less a square foot
The busier markets within 25 miles of Oakland Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Rochester Hills | 798 | $458K | $201 | 40% | 20 |
| Auburn Hills | 231 | $297K | $188 | 36% | 21 |
| Rochester | 162 | $569K | $237 | 38% | 23 |
| Oakland Township (ZIP 48363) | 82 | $922K | $248 | 28% | 28 |
| Lake Orion | 59 | $328K | $198 | 23% | 38 |
| Romeo | 58 | $324K | $189 | 30% | 38 |
| Shelby Township | 33 | $218K | $159 | 17% | 81 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Oakland Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oakland Township. People who follow the town see it, and so do people comparing Oakland Township with their own town. No commission, no listing fee.
Questions about buying a home in Oakland Township
What do homes sell for in Oakland Township, MI?
82 homes sold in the year to September 2026 at a typical $922K, $248 a square foot.
Is Oakland Township a buyer’s or seller’s market?
A balanced market: 23 homes were for sale in September 2026 and 5 sold, about 4.3 months of supply. Buyers paid 99.9% of asking on average.
When is the best time to buy in Oakland Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Oakland Township?
About 1% of a home’s value a year. On a $922K home that’s near $8,710.
Where can I see homes for sale in Oakland Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Oakland Township’s MLS listings; the search links above open each one filtered to Oakland Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48363, which takes in Oakland Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).