Market Update
Oakland County
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$385k
3% more than in
Q2 2025
Q2 2025
Avg. Days On Market
24
0% change from
Q2 2025
Q2 2025
Closed Sales
4,489
5% more than in
Q2 2025
Q2 2025
Inventory
2,955
19% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $340k | $408k | 5332 |
| Q2 '23 | $343k | $419k | 4213 |
| Q2 '24 | $355k | $445k | 4229 |
| Q2 '25 | $375k | $463k | 4288 |
| Q2 '26 | $385k | $471k | 4489 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 67.7% |
|---|---|
| Q2 '26 | 3037 |
| Q2 '25 | 2945 |
| 1YR CHANGE | +3% |
| Closed $500k - $1m | 27.2% |
| Q2 '26 | 1222 |
| Q2 '25 | 1131 |
| 1YR CHANGE | +8% |
| Closed $1m - $2m | 4.2% |
| Q2 '26 | 189 |
| Q2 '25 | 169 |
| 1YR CHANGE | +12% |
| Closed Over $2m | 0.9% |
| Q2 '26 | 41 |
| Q2 '25 | 43 |
| 1YR CHANGE | -5% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 16 | $340k |
| Q2 '23 | 24 | $343k |
| Q2 '24 | 22 | $355k |
| Q2 '25 | 24 | $375k |
| Q2 '26 | 24 | $385k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
19%
New Listings
New Listings represents the number of properties listed during the quarter.
13%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
11%
Closed Sales
5%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
0%
Auburn Hills
Median
$303k
DOM
19
Sales
63
Inv
31
Berkley
Median
$340k
DOM
20
Sales
85
Inv
32
Birmingham
Median
$825k
DOM
20
Sales
115
Inv
117
Bloomfield Hills
Median
$903k
DOM
56
Sales
20
Inv
26
Bloomfield Township
Median
$645k
DOM
24
Sales
189
Inv
142
Clawson
Median
$334k
DOM
19
Sales
54
Inv
15
Farmington
Median
$316k
DOM
22
Sales
45
Inv
26
Farmington Hills
Median
$395k
DOM
26
Sales
228
Inv
130
Huntington Woods
Median
$527k
DOM
15
Sales
13
Inv
3
Lake Angelus
Median
$1.3m
DOM
8
Sales
2
Inv
3
Milford
Median
$365k
DOM
28
Sales
43
Inv
31
Northville
Median
$593k
DOM
28
Sales
28
Inv
54
Novi
Median
$500k
DOM
25
Sales
201
Inv
112
Oakland Township
Median
$728k
DOM
17
Sales
77
Inv
64
Orchard Lake Village
Median
$1.08m
DOM
11
Sales
4
Inv
8
Rochester
Median
$548k
DOM
27
Sales
57
Inv
29
Royal Oak
Median
$382k
DOM
25
Sales
361
Inv
210
Southfield
Median
$250k
DOM
37
Sales
153
Inv
127
Troy
Median
$465k
DOM
22
Sales
244
Inv
164
West Bloomfield Township
Median
$449k
DOM
24
Sales
231
Inv
201