Why Live in Oakland Township
Oakland Township, MI offers residents a blend of city benefits from nearby Rochester and a close-knit community atmosphere. Homes in Oakland Township are elegant and grand, featuring picturesque exteriors with neatly trimmed hedges and well-maintained lawns. The area includes newly constructed subdivisions and recently remodeled homes, with property types ranging from condos to detached homes. Architectural styles vary, including new traditional homes with Tudor roofs, contemporary custom-builds, raised ranches, and castle-like structures. Interior spaces average around 3,000 square feet, typically including four bedrooms and multi-car attached garages. The township is known for its abundant recreational opportunities, with numerous parks, trails, and bike paths. Charles Ilsley Park offers 120 acres for hiking, horseback riding, and cross-country skiing. East and West Graham Lake provide options for fishing, boating, and kayaking, surrounded by the adventurous Graham Lakes Trail. Golf enthusiasts have access to five courses, including the challenging Wyndgate Country Club. Students attend highly rated schools in the Rochester Community School District, including Baldwin Elementary School and Rochester Adams High School. Shopping and dining are conveniently located a few miles south on Adams Road and Rochester Road, featuring options like La Collina Ristorante Italiano and Papa Joe’s grocer. The University Square Shopping Mall and Village of Rochester Hills Shopping Mall offer a variety of stores. Oakland Township is situated near Routes 24, 150, and 53, connecting to Interstates 69 and 75, with Detroit approximately 35 miles away. The area is known for its low crime risk compared to the national average, contributing to its appeal as a desirable place to live.
Frequently Asked Questions
What is the average home price in Oakland Township, MI?
Homes for sale in Oakland Township, MI have an average home price of $970,640.
How many homes have sold over the last 12 months in Oakland Township, MI?
163 homes have sold in Oakland Township, MI over the last 12 months.
Is Oakland Township, MI a safe city?
What are the most popular zip codes in Oakland Township, MI?
What are the most popular neighborhoods in Oakland Township, MI?
How much do you need to make to afford a house in Oakland Township?
The median home price in Oakland Township is $722,450. If you put a 20% down payment of $144,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $160K a year to afford the median home price in Oakland Township.
How are the schools in Oakland Township, MI?
Home Trends in Oakland Township, MI
On average, homes in Oakland Township, MI sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Oakland Township, MI over the last 12 months is $695,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$695,000
Median Single Family Sale Price
$775,000
Median Townhouse Sale Price
$1,387,500
Median 2 Bedroom Sale Price
$305,000
Average Price Per Sq Ft
$275
Number of Homes for Sale
40
Last 12 months Home Sales
163
Median List Price
$722,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
13%