New - 1 day on Rocket
$10,000 Closing Credit¹
Lynn Wilhelm, Listing Office: Century 21 Professionals
Oakland Charter Township Housing Market Report December 2024•Oakland County, Michigan
Housing Prices in Oakland Charter Township, MI
How much do homes in Oakland Charter Township, MI cost?
Housing Market Conditions
Is Oakland Charter Township, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Oakland Charter Township is a Seller's Market
Difference Since December 2023
Since last year, Oakland Charter Township has remained a Seller's Market.
Insight
Oakland Charter Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$639,500$183/SqFt
+$39,500
+6.6%
Based on all homes sold in the last 12 months
Insight
Homes in Oakland Charter Township have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Oakland Charter Township was $639,500 in December 2024, up 6.6% from last year, and the median price per square foot was $183.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Rochester Hills | $401.7K | $430.4K | +7.1% |
| Oakland Charter Township | $600K | $639.5K | +6.6% |
| Orion Charter Township | $371K | $382K | +3.0% |
| Oakland | $693.5K | $700K | +0.9% |
| Washington | $450K | $450K | 0.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 44 Bedrooms | $713.5K | $725K | +1.6% |
| 55+ Bedrooms | $1.1M | $954K | -15.2% |
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $275K | $295K | +7.3% |
| 33 Bedrooms | $490K | $500K | +2.0% |
Summary: Oakland Charter Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 4 bedroom homes increased by +1.6%. The home price for 5 bedroom homes decreased by -15.2%. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.3%. The home price for 3 bedroom homes increased by +2.0%.
Housing supply in Oakland Charter Township, MI
How many homes are available in Oakland Charter Township, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 69Last MonthDec 2024 | ||
| 872 months agoNov 2024 | -20.7 % Change MoMNov – Dec |
Summary: The Oakland Charter Township real estate market had 69 homes for sale in Dec 2024, a 20.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthDec 2024 | ||
| 252 months agoNov 2024 | -44.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 44 Bedrooms | 41 | 39 | -4.9% |
| 55+ Bedrooms | 20 | 14 | -30.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 4 | -20.0% |
| 33 Bedrooms | 21 | 12 | -42.9% |
Summary: Oakland Charter Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 4 bedroom homes decreased by -4.9%. The inventory for 5 bedroom homes decreased by -30.0%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -42.9%.
Asking Price vs. Sold Price
How much do homes in Oakland Charter Township, MI cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price10 Homes
Insight
If you're buying a home in Oakland Charter Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Oakland Charter Township in December 2024, down by 44.0% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and and 14% were sold over asking.
Days on Market for Oakland Charter Township, MI
How long does it take to sell a home in Oakland Charter Township, MI?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days4 Homes
Over 90 Days4 Homes
Insight
Many homes in Oakland Charter Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 14 homes were sold in Oakland Charter Township; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 61 DaysThis YearDec 2024 | ||
| 17 Days1 year agoDec 2023 | +252.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Oakland Charter Township had an average listing age of 61 days in Dec 2024, up by 252.8% compared to the previous year.
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Newest Listings in Oakland Charter Township, MI
What homes are available in Oakland Charter Township, MI?
New - 2 days on Rocket
Yvonne M Zielinski, Listing Office: RE/MAX First
New - 5 days on Rocket
$3,681 Closing Credit¹
Anthony Scaccia, Lisa Scaccia, Listing Office: Ascendent Realty, LLC
New - 7 days on Rocket
$7,717 Closing Credit¹
Steven N Hannosh, Listing Office: Coldwell Banker Professionals Birm
$6,234 Closing Credit¹
#50164637, Nevine Rizk, Listing Office: Epique Inc.
$7,066 Closing Credit¹
#50164345, Anna M. Skowronek, Listing Office: Century 21 Professionals
$10,000 Closing Credit¹
Caron Koteles Riha, Lauren Koteles, Listing Office: Real Estate One-Rochester
$10,000 Closing Credit¹
#50164303, Thomas Zibkowski, Listing Office: Real Estate One Inc-Shelby
$8,550 Closing Credit¹
Scott Rubin, Listing Office: Andover Real Estate dba Houzeo Michigan
$10,000 Closing Credit¹
Leslie Mihalak, Listing Office: RE/MAX First
$10,000 Closing Credit¹
Anthony Lombardo, Listing Office: Cranbrook Custom Homes LLC
$10,000 Closing Credit¹
Saba Katto, Saba Katto, Listing Office: Sapphire Realty, Realty Solutions of Michigan Inc
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MLS Disclaimers and Copyright
Based on information from RealComp II Ltd., and MiRealSource Inc. DL for the period 01/01/2023 - 01/01/2025
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.
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Last updated on: 1/30/2025, 1:59:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 2:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.