48069 — Oakland County, Michigan Market Snapshot

Housing market data for zip code 48069 in Oakland County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

14 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$457,500

-5.4% YoYClosed sales

Days to Sell

7

Median, listing to close

Homes Sold

14

Closed in 2026

Inventory

3

Sale-to-List

102.8%

New Listings

17

Price/SqFt

$278

Pending Sales

17

Conforming Loan Available

Most homebuyers in 48069 can comfortably use conventional financing. The median home price of $457,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

48069 is an extremely competitive market with homes selling in just 7 days on average. Buyers need pre-approval letters ready before making offers.

Sale-to-List Ratio

Homes in 48069 are selling 2.8% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 48069 can comfortably use conventional financing. The median home price of $457,500 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 48069 are set at the county level.

2026 Loan Limits — Oakland County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 48069

To purchase the median home at $457,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,655.

Monthly Payment

$3,655

Income Required

$156,652

Principal & Interest

$2,819/mo

Down Payment (5%)

$22,875

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 48069.

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Estimated Monthly Payment

$2,981

Principal & Interest$2,374
Property Tax$458
Insurance$150
Loan Amount$366,000
Total Interest$488,593
Income Required$127,773/yr

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