48430 — Oakland County, Michigan Market Snapshot

Housing market data for zip code 48430 in Oakland County, Michigan. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

95 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$380,000

-2.6% YoYClosed sales

Days to Sell

27

Median, listing to close

Homes Sold

95

Closed in 2026

Inventory

94

Sale-to-List

99.1%

New Listings

157

Price/SqFt

$202

Pending Sales

130

Conforming Loan Available

Most homebuyers in 48430 can comfortably use conventional financing. The median home price of $380,000 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 48430 are moving quickly at 27 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 48430 (99.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 48430 can comfortably use conventional financing. The median home price of $380,000 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 48430 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 48430

To purchase the median home at $380,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,061.

Monthly Payment

$3,061

Income Required

$131,205

Principal & Interest

$2,341/mo

Down Payment (5%)

$19,000

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 48430.

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Estimated Monthly Payment

$2,502

Principal & Interest$1,972
Property Tax$380
Insurance$150
Loan Amount$304,000
Total Interest$405,826
Income Required$107,217/yr

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