Oakland, Rochester Hills, MI
Oakland — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Oakland, Rochester Hills, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Oakland Neighborhood Overview
Oakland is a distinguished neighborhood within the city of Rochester Hills, Michigan, offering a blend of suburban tranquility and upscale living. Located in ZIP code 48306, it is characterized by its well-maintained properties and mature landscapes. The community provides a highly desirable setting for families and professionals alike.
Lifestyle & Amenities
Residents enjoy access to the extensive parks, trails, and recreational facilities that define Rochester Hills. The area is close to premier shopping destinations like The Village of Rochester Hills and Rochester Hills' Marketplace. Dining options range from casual eateries to fine dining, catering to a variety of tastes.
Real Estate Market
The real estate market in Oakland is robust, with a median home value of $490,400 according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market activity shows a price per square foot of $254.03 according to Redfin market data, reflecting the neighborhood's premium offerings. The market data indicates high demand for properties in this sought-after area.
Schools & Education
Oakland is served by the highly regarded Rochester Community Schools district, known for its strong academic programs. The neighborhood's high median household income of $163,419 according to U.S. Census Bureau ACS 5-Year Estimates (2022) often correlates with strong community support for education. Families have access to a range of excellent public and private educational options.
Transportation & Connectivity
Major roads like Rochester Road and M-59 provide convenient access to surrounding commercial centers and employment hubs. The neighborhood's location offers reasonable commuting access to the Detroit metropolitan area and the Oakland Technology Park. This connectivity balances a quiet residential feel with the advantages of proximity to major economic corridors.
Why Choose Oakland
Oakland appeals to those seeking an established, affluent community with top-tier schools and a high quality of life. The strong real estate values and high household income according to U.S. Census Bureau ACS 5-Year Estimates (2022) underscore its stability and desirability. It represents a premier choice for suburban living in Oakland County.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Oakland Market Data
| Metric | Value |
|---|---|
| Median Home Price | $490K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $163K |
| Homeownership Rate | 93.3% |
| Renter-Occupied | 6.7% |
| Rental Vacancy Rate | 14.7% |
| Market Type | Buyer's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 48306 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Oakland, Rochester Hills
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Oakland, Rochester Hills, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12