48346 — Oakland County, Michigan Market Snapshot
Housing market data for zip code 48346 in Oakland County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
51 sales in 2026 (year to date)
Median Sale Price
$321,650
Days to Sell
12
Homes Sold
51
Inventory
28
Sale-to-List
100.3%
New Listings
77
Price/SqFt
$217
Pending Sales
66
Conforming Loan Available
Most homebuyers in 48346 can comfortably use conventional financing. The median home price of $321,650 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
48346 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 48346 (100.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 48346 can comfortably use conventional financing. The median home price of $321,650 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 48346 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 48346
To purchase the median home at $321,650 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,614.
Monthly Payment
$2,614
Income Required
$112,045
Principal & Interest
$1,982/mo
Down Payment (5%)
$16,083
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 48346.
Estimated Monthly Payment
$2,141
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