48328 — Oakland County, Michigan Market Snapshot
Housing market data for zip code 48328 in Oakland County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
67 sales in 2026 (year to date)
Median Sale Price
$263,000
Days to Sell
19
Homes Sold
67
Inventory
50
Sale-to-List
99.9%
New Listings
99
Price/SqFt
$189
Pending Sales
84
Conforming Loan Available
Most homebuyers in 48328 can comfortably use conventional financing. The median home price of $263,000 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
Homes in 48328 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 48328 (99.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48328 can comfortably use conventional financing. The median home price of $263,000 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 48328 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 48328
To purchase the median home at $263,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,165.
Monthly Payment
$2,165
Income Required
$92,787
Principal & Interest
$1,621/mo
Down Payment (5%)
$13,150
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 48328.
Estimated Monthly Payment
$1,778
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 48328. Tell us what you're looking for.