Oakley Real Estate
3 active listings · 12 sold in the past 12mo
$479,900
Median List Price
12
Sold (past 12mo)
57
Avg Days on Market
+2.8%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(3)
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For Sale
1/70
$579,000
12304 W Ferden Road, Oakley, MI 48649
3 bd2 ba58.72 ac
Single Family
For Sale
1/32
$479,900
17790 W Peet Road, Oakley, MI 48649
3 bd2 ba6 ac
Single Family
For Sale
1/7
$99,000
18000 Raucholz Road, Oakley, MI 48649
2 bd1 ba1.15 ac
Single Family
Recently Sold(12)
| Address | Sold Price | Date Sold |
|---|---|---|
| 18575 S Raucholz Road, Oakley, MI 48649 | $343,000 | Mar 15, 2026 |
| 15530 Fowler Road, Oakley, MI 48649 | $382,000 | Feb 11, 2026 |
| 19061 S Raucholz Road, Oakley, MI 48649 | $250,000 | Nov 9, 2025 |
| 404 Woodard Street, Oakley, MI 48649 | $170,000 | Nov 6, 2025 |
| 14179 W Peet Road, Oakley, MI 48649 | $259,900 | Oct 9, 2025 |
| 501 Woodard Street, Oakley, MI 48649 | $160,500 | Oct 9, 2025 |
| 15750 W Ridge Road, Oakley, MI 48649 | $350,000 | Sep 3, 2025 |
| 131 E 6th Street, Oakley, MI 48649 | $149,900 | Sep 2, 2025 |
| 11135 Ditch Road, Oakley, MI 48649 | $116,000 | Aug 27, 2025 |
| 13431 Peet Road, Oakley, MI 48649 | $255,000 | Aug 17, 2025 |
| 15065 Ferden Road, Oakley, MI 48649 | $275,000 | Jul 23, 2025 |
| 18286 FRANDSCHE Road, Oakley, MI 48649 | $399,900 | Jul 10, 2025 |
Frequently Asked Questions about Oakley
How many homes are for sale in Oakley?
There are currently 3 active listings in Oakley. The median asking price is $479,900.
What are home prices like in Oakley?
Homes in Oakley sell for a median of $479,900, drawn from 12 transactions over the past year.
What is the average days on market in Oakley?
The average days on market in Oakley is 57, based on 12 recent transactions.
Which school districts cover Oakley?
Multiple school districts may serve Oakley. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
How competitive is the Oakley real estate market?
Oakley is currently a balanced market, with 3.0 months of supply. That ratio comes from 3 active listings relative to 12 sales per year.
How are property taxes calculated in Oakley?
Property taxes in Oakley are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Oakley?
Based on Census Bureau ACS data, the Household Formation Gap in Oakley is +2.8%, indicating stable demographic housing demand. Household size moved from 2.44 to 2.32. HFG is a secondary market indicator reflecting household formation, not a primary market measure.