The Oakwood housing market is somewhat competitive. The median sale price of a home in Oakwood was $159K last month, down 11.6% since last year. The median sale price per square foot in Oakwood is $170, up 7.6% since last year.
In March 2024, Oakwood home prices were down 11.6% compared to last year, selling for a median price of $159K. On average, homes in Oakwood sell after 4 days on the market compared to 9 days last year. There were 10 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$159,000
-11.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Oakwood, MI
$159,000
-11.6%
United States
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How hot is the Oakwood housing market?
Oakwood is somewhat competitive. Homes sell in 4 days.
0
100
52
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 4 days.
Hot homes
can sell for about 6% above list price and go pending in around 3 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Oakwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Oakwood.
Risk Factor
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Oakwood has a moderate risk of flooding. 28 properties in Oakwood are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Oakwood. Flood risk is increasing slower than the national average.
4% of properties are at risk of wildfire over the next 30 years
Fire Factor
Oakwood has a minor risk of wildfire. There are 36 properties in Oakwood that have some risk of being affected by wildfire over the next 30 years. This represents 4% of all properties in Oakwood.