#20250036551, Terri Thiede, Listing Office: National Realty Centers, Inc
Oakland Housing Market Report April 2025•Oakland County, Michigan
Housing Prices in Oakland, MI
How much do homes in Oakland, MI cost?
Housing Market Conditions
Is Oakland, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Oakland is a Seller's Market
Difference Since April 2024
At the same time last year, Oakland was a Buyer's Market.
Insight
Oakland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$722,500$189/SqFt
-$29,000
-3.9%
Based on all homes sold in the last 12 months
Insight
Homes in Oakland have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Oakland was $722,500 in April 2025, down 3.9% from last year, and the median price per square foot was $189.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Washington | $425K | $489K | +15.1% |
| Oakland Charter Township | $619K | $637K | +2.9% |
| Orion Charter Township | $373.4K | $372.3K | -0.3% |
| Addison Township | $364.5K | $355K | -2.6% |
| Oakland | $751.5K | $722.5K | -3.9% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $500K | $277.5K | -44.5% |
| 33 Bedrooms | $465K | $445K | -4.3% |
| 44 Bedrooms | $707K | $797.7K | +12.8% |
| 55+ Bedrooms | $910K | $955.1K | +5.0% |
Summary: Oakland housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -44.5%. The home price for 3 bedroom homes decreased by -4.3%. The home price for 4 bedroom homes increased by +12.8%. The home price for 5 bedroom homes increased by +5.0%.
How does Oakland, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Oakland, MI
Housing supply in Oakland, MI
How many homes are available in Oakland, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthApr 2025 | ||
| 252 months agoMar 2025 | +4.0 % Change MoMMar – Apr |
Summary: The Oakland real estate market had 26 homes for sale in Apr 2025, a 4.0 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthApr 2025 | ||
| 42 months agoMar 2025 | +50.0 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 4 | 5 | +25.0% |
| 44 Bedrooms | 16 | 15 | -6.3% |
| 55+ Bedrooms | 5 | 6 | +20.0% |
Summary: Oakland housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -6.3%. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in Oakland, MI cost?
Over Asking Price0 Home
At Asking Price3 Homes
Under Asking Price3 Homes
Insight
If you're buying a home in Oakland, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Oakland in April 2025, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Oakland, MI
How long does it take to sell a home in Oakland, MI?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days3 Homes
Over 90 Days0 Home
Insight
Many homes in Oakland are selling fast, if you're buying plan to act quickly.
Summary: During April 2025, 6 homes were sold in Oakland; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 22 DaysThis YearApr 2025 | ||
| 18 Days1 year agoApr 2024 | +22.5 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Oakland had an average listing age of 22 days in Apr 2025, up by 22.5% compared to the previous year.
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Newest Listings in Oakland, MI
What homes are available in Oakland, MI?
#20250036541, Terri Thiede, Listing Office: National Realty Centers, Inc
$6,686 Closing Credit¹
#20250035593, Terri Thiede, Listing Office: National Realty Centers, Inc
$10,000 Closing Credit¹
#20250035867, Brian Kirksey, Listing Office: Keller Williams Paint Creek
$10,000 Closing Credit¹
#20250027407, Linda K Rea, Paula R Johnston, Listing Office: Real Estate One-Rochester
Backup offers
$10,000 Closing Credit¹
#20250030481, Alicia M Bronik, Listing Office: National Realty Centers, Inc
$10,000 Closing Credit¹
#20250024335, Barbara Leonard, Listing Office: Coldwell Banker Professionals
#20250018321, Adam Jagenberg, Listing Office: EXP Realty - Fenton
$10,000 Closing Credit¹
#20250018527, Raphael Roufail, Antonio Tuppins, Listing Office: Brookstone, Realtors LLC
#20250018070, Raphael Roufail, Antonio Tuppins, Listing Office: Brookstone, Realtors LLC
#20250014544, Kevin Devergilio, Listing Office: REALTEAM Real Estate
#20250010632, Kyle T Matta, Listing Office: @properties Christies Intl R E Rochester
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., for the period 05/01/2023 - 05/01/2025
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/27/2025, 2:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.