Housing in Oakley, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — November 2025

Median Sale Price

$170,000

Median List Price

N/A

Price Per Sq Ft

$60

Days on Market

4

Active Inventory

2

Months of Supply

2.0

Seller's market

Zillow Home Value

$172,256

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 385.7%List Price 156.5%Aug 24Nov 25

Market Competitiveness

Source: Redfin

Sold Above List

100.0%

Sale-to-List Ratio

106.3%

Seller's market

Sold Above Asking
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 100.0%Pending 100.0%Aug 24Nov 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$60

Sale $/SF 93.5%List $/SF 5.5%Aug 24Nov 25

Oakley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Oakley is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$80,400

Median Rent

$745

Total Housing Units

133

Vacancy Rate

17.3%

Owner Occupied

75.5%

Renter Occupied

24.6%

Median Property Tax

$1,719

per year

Monthly Cost (w/ Mortgage)

$597

Housing Types

Single Family
84.2%
Multi-Family
6.0%
Mobile Home
9.8%

The current median sale price in Oakley, MI is $170,000 according to Redfin data. Homes spend a median of 4 days on the market. 100.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $60. The median rent is $745 per month (Census ACS). About 75.5% of housing units are owner-occupied. The median year homes were built is 1953. There are 133 total housing units.