Oakland County Housing Market Update for January 2026
The Oakland County housing market kicked off January 2026 with a familiar theme: low inventory and steady demand, even as more homes came on the market. If you’re planning to buy or sell this year, the latest trends help you time your move and price strategically.
Inventory remains tight, keeping the market competitive
Single-family homes in Oakland County posted 1.44 months of inventory, down 14.79% month-over-month. That’s still well below what most people consider a balanced market—meaning well-prepared listings can attract strong attention.
Prices stayed firm while homes took a bit longer to sell
The median sold price rose to $362,750 (up 4.03% month-over-month). Homes sold in a median 32 days, which was 28% higher than last month—suggesting buyers are being a touch more selective, or that pricing accuracy matters even more.
Sellers are still landing close to list price
The sold-to-list price ratio improved to 97.8%, up 0.79% month-over-month. In practical terms: most homes are still closing close to asking, especially when they’re priced correctly and show well.
More listings are hitting the market—and buyers are responding
January brought 976 new listings (up 34.1% month-over-month) with a median list price of $399,900. Active inventory also climbed to 1,555 homes (up 15%), which can feel like a relief for buyers—but demand is keeping pace: 789 new pending listings were recorded, and overall pending listings rose to 803.
Home values: steady growth year over year
RPR’s median estimated property value for single-family homes was $397,370. That’s down 0.9% from last month, but up 4.4% over the last 12 months—a useful reminder that short-term fluctuations can happen even inside a longer-term upward trend.
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What this means if you’re selling
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Low inventory still favors sellers, but pricing and presentation are crucial as days on market rise.
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With a 97.8% sold-to-list ratio, the goal is to position your home to capture strong offers without overreaching.
What this means if you’re buying
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More inventory is appearing, but competition remains.
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A smart strategy combines fast action on the right home with strong negotiation where the data supports it.
If you’d like a hyperlocal breakdown by city, neighborhood, or school district, I can run a tailored report and a pricing strategy based on your exact home and goals.
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Joyce England, REALTOR®
Keller Williams First
📞 810-513-3335
📧 [email protected]
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