48075 — Oakland County, Michigan Market Snapshot

Housing market data for zip code 48075 in Oakland County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

38 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$257,500

43.1% YoYClosed sales

Days to Sell

36

Median, listing to close

Homes Sold

38

Closed in 2026

Inventory

23

Sale-to-List

98.6%

New Listings

50

Price/SqFt

$136

Pending Sales

43

Conforming Loan Available

Most homebuyers in 48075 can comfortably use conventional financing. The median home price of $257,500 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

48075's market is balanced with homes taking an average of 36 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

Homes are selling very close to asking price in 48075 (98.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 48075 can comfortably use conventional financing. The median home price of $257,500 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 48075 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 48075

To purchase the median home at $257,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,123.

Monthly Payment

$2,123

Income Required

$90,981

Principal & Interest

$1,587/mo

Down Payment (5%)

$12,875

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 48075.

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Estimated Monthly Payment

$1,744

Principal & Interest$1,336
Property Tax$258
Insurance$150
Loan Amount$206,000
Total Interest$275,000
Income Required$74,726/yr

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