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Oakland County Housing

 
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As of 2010-2014, median price of a house in Oakland County is $170,600, which is higher than the state average of $120,200 and is about the same as the national average of $175,700. The Oakland County median house value has shrunk by 5.85% since 2000. The growth rate for the price of a house in Oakland County is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in Oakland County was built is 1973, which is newer than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 347,091 Owner Occupied Houses in Oakland County, #4
Oakland County
170,600 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #80
Oakland County
-5.85%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Oakland CountyMichiganU.S.
Total Housing Units529,670, see rank, 100%4,532,719132,741,033
Occupied Housing Units489,797, 92.47%, see rank84.45%87.55%
Owner Occupied347,091, 65.53%, see rank60.41%56.34%
Renter Occupied142,706, 26.94%, see rank24.04%31.21%
Vacant Housing Units39,873, 7.53%, see rank15.55%12.45%
For Rent10,600, 2.00%, see rank1.84%2.34%
For Sale Only5,430, 1.03%, see rank1.40%1.20%
Rented or Sold, Not Occupied5,543, 1.05%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use5,493, 1.04%, see rank6.26%3.97%
For Migrant Workers27, 0.01%, see rank0.05%0.03%
Other Vacant12,780, 2.41%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #35
Oakland CountyMichiganU.S.
197319691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Oakland County%MichiganU.S.
Owner-Occupied Units347,091100%2,738,01274,787,460
With a Mortgage246,72471.08%, see rank63.63%65.58%
Without a Mortgage100,36728.92%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Oakland County
1,652 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsOakland County%MichiganU.S.
$299 or Less4580.19%, see rank0.19%0.20%
$300 to $4992,1340.86%, see rank1.88%1.59%
$500 to $6997,2822.95%, see rank6.65%5.01%
$700 to $99925,90310.50%, see rank19.56%14.32%
$1,000 to $1,49967,02827.17%, see rank34.69%27.90%
$1,500 to $1,99960,27324.43%, see rank20.06%20.35%
$2,000 to $2,99957,30123.22%, see rank12.84%19.52%
$3,000 or More26,34510.68%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oakland County
21.90% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Oakland County%MichiganU.S.
10% or Less17,3777.04%, see rank5.90%5.86%
10% to 20%90,03036.49%, see rank35.28%31.95%
20% to 30%66,10126.79%, see rank27.51%27.64%
30% to 40%29,19711.83%, see rank12.63%13.74%
40% or More43,10217.47%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Oakland County
602 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsOakland County%MichiganU.S.
$199 or Less2,3112.30%, see rank4.74%7.76%
$200 to $2995,8765.85%, see rank12.46%14.70%
$300 to $49925,97825.88%, see rank40.41%34.63%
$500 to $69930,36330.25%, see rank25.95%21.16%
$700 or More35,83935.71%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Oakland County
13.30% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Oakland County%MichiganU.S.
10% or Less36,97436.84%, see rank35.33%40.19%
10% to 20%31,31431.20%, see rank33.76%31.47%
20% to 30%13,71613.67%, see rank13.39%12.24%
30% to 40%6,5466.52%, see rank6.18%5.64%
40% or More10,60910.57%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Oakland CountyMichiganU.S.
Total Housing Units529,670, 100%4,532,719132,741,033
1-unit, Detached362,063, 68.36%, see rank71.97%61.65%
1-unit, Attached33,155, 6.26%, see rank4.66%5.82%
2 Units6,281, 1.19%, see rank2.58%3.75%
3 or 4 Units17,228, 3.25%, see rank2.56%4.43%
5 to 9 Units35,931, 6.78%, see rank4.20%4.78%
10 or More Units59,668, 11.27%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.15,344, 2.90%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Oakland CountyMichiganU.S.
Total Housing Units529,670, 100%4,532,719132,741,033
1 Room5,121, 0.97%, see rank1.24%1.95%
2 Rooms7,972, 1.51%, see rank1.78%2.48%
3 Rooms39,916, 7.54%, see rank7.14%9.13%
4 Rooms71,827, 13.56%, see rank14.38%16.60%
5 Rooms92,618, 17.49%, see rank21.00%20.41%
6 Rooms93,229, 17.60%, see rank20.07%18.06%
7 Rooms70,115, 13.24%, see rank13.45%12.27%
8 Rooms58,784, 11.10%, see rank9.27%8.48%
9 Rooms or More90,088, 17.01%, see rank11.67%10.60%
Median Rooms6.00, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Oakland CountyMichiganU.S.
Total Housing Units529,670, 100%4,532,719132,741,033
No Bedroom5,702, 1.08%, see rank1.35%2.17%
1 Bedroom52,049, 9.83%, see rank9.11%11.16%
2 Bedrooms126,160, 23.82%, see rank26.33%26.69%
3 Bedrooms211,289, 39.89%, see rank43.93%39.70%
4 Bedrooms115,657, 21.84%, see rank15.80%16.05%
5 or More Bedrooms18,813, 3.55%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Oakland CountyMichiganU.S.
Total Housing Units489,797, 100%3,827,880116,211,092
Utility Gas439,267, 89.68%, see rank77.13%48.85%
Bottled, Tank, or LP Gas8,683, 1.77%, see rank8.48%4.86%
Electricity34,349, 7.01%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.1,728, 0.35%, see rank1.40%5.86%
Coal or Coke68, 0.01%, see rank0.03%0.12%
Wood2,449, 0.50%, see rank3.39%2.12%
Solar Energy35, 0.01%, see rank0.02%0.05%
Other Fuel1,919, 0.39%, see rank0.86%0.47%
No Fuel Used1,299, 0.27%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalOakland CountyMichiganU.S.
Occupied Units Paying Rent137,729, 100%1,028,83539,201,928
$199 or Less1,487, 1.08%, see rank1.86%1.50%
$200 to $2992,961, 2.15%, see rank3.88%3.18%
$300 to $4996,425, 4.66%, see rank9.32%7.37%
$500 to $69919,946, 14.48%, see rank23.63%16.01%
$700 to $99947,752, 34.67%, see rank35.23%29.17%
$1,000 to $1,49940,788, 29.61%, see rank20.17%26.88%
$1,500 to $1,99911,219, 8.15%, see rank3.85%9.79%
$2,000 or More7,151, 5.19%, see rank2.06%6.10%
Median$934, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Oakland CountyMichiganU.S.
Occupied Housing Units489,797, 100%3,827,880116,211,092
No Vehicles Available27,944, 5.71%, see rank7.97%9.12%
1 Vehicles Available166,590, 34.01%, see rank35.06%33.80%
2 Vehicles Available202,984, 41.44%, see rank38.45%37.48%
3 or More Vehicles Available92,279, 18.84%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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