Oakland County, MI — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$320,400
Median Rent
$1,319/mo
Homeownership
72.3%
Vacancy Rate
5.3%
Total Housing Units
557,978
Property Tax
$4,241/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied72.3%
Renter-Occupied27.7%
Housing Types
Source: Census Bureau ACS (2023)Single Family74.2%
Multi-Family23.0%
Mobile Home2.8%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,483/mo
Without Mortgage
$1,933/mo
Median Year Built
1975
The median home value in Oakland County, MI is $320,400 according to 2023 Census Bureau estimates. The median monthly rent is $1,319. 72.3% of housing units are owner-occupied. There are 557,978 total housing units in the county. The vacancy rate is 5.3%.