What is the median home value in ZIP 48178 in Oakland County, MI?

The median home value in ZIP 48178 in Oakland County, MI is $457,567, according to the latest Census ACS 5-Year Estimates.

How much new construction is happening in Oakland County, MI?

Oakland County has 1.3 million residents and issued 2,236 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Detroit-Warren-Dearborn, MI · Michigan

Oakland County

ZIP 48178

1.3M residents2,236 permits TTM$95,296 median HHI68 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$320,400

ACS 5-Year

Cap rate proxy

5.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.6%

HUD FMR ÷ ACS HHI

Net migration

+2.09%

IRS SOI

Permits (TTM)

2,236

Census BPS

Climate risk

97.5

FEMA NRI (0–100)

ZIP 48178

Median home value

$457,567

Gross yield

3.8%

Cap rate

3.5%

Rent gap

9.0%

Affordability

P/I: 4.8R/I: —

Section 8 detail

SAFMR: $1,450Rent: $1,319Gap: 9.9%

ZIP code breakdown68 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
48030	$152,311	$1,500	11.8%	11.5%	2.3%
48329	$282,170	$1,720	7.3%	5.6%	23.3%
48237	$227,532	$1,660	8.8%	7.8%	11.1%
48075	$231,345	$1,600	8.3%	8.3%	0.3%
48341	$144,692	$1,120	9.3%	10.5%	-12.6%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$123,102	$1,250	12.2%	12.4%	-2.1%
$133,915	$1,320	11.8%	11.6%	2.3%
$270,132	$1,260	5.6%	8.8%	-57.8%
$214,453	$1,380	7.7%	8.8%	-14.1%
$241,023	$1,540	7.7%	8.6%	-11.7%
$334,206	$1,770	6.4%	8.2%	-29.2%
$218,856	$1,540	8.4%	8.2%	2.9%
$304,993	$1,960	7.7%	8.0%	-4.1%
$306,827	$1,700	6.6%	7.6%	-14.2%
$450,905	$2,120	5.6%	7.6%	-34.4%
$391,177	$1,540	4.7%	7.3%	-54.0%
$274,520	$1,640	7.2%	7.1%	0.8%
$288,251	$1,700	7.1%	7.0%	1.5%
$253,268	$1,620	7.7%	6.8%	11.1%
$314,752	$1,620	6.2%	6.7%	-8.3%
$372,945	$1,550	5.0%	6.7%	-33.5%
$363,132	$1,710	5.7%	6.6%	-17.0%
$279,947	$1,410	6.0%	6.5%	-8.3%
$294,910	$1,370	5.6%	6.5%	-16.4%
$403,528	$2,120	6.3%	6.3%	0.3%
$246,713	$1,350	6.6%	6.2%	6.1%
$353,895	$1,630	5.5%	5.9%	-7.5%
$295,027	$1,460	5.9%	5.4%	9.7%
$567,569	$1,940	4.1%	5.3%	-28.9%
$350,511	$1,750	6.0%	5.2%	13.1%
$403,534	$1,810	5.4%	5.1%	5.4%
$311,923	$1,440	5.5%	5.1%	8.4%
$713,943	$2,120	3.6%	5.0%	-41.0%
$395,092	$2,120	6.4%	4.9%	24.1%
$449,474	$1,700	4.5%	4.7%	-4.6%
$446,507	$2,120	5.7%	4.7%	17.3%
$346,213	$1,850	6.4%	4.6%	28.7%
$471,377	$2,000	5.1%	4.5%	11.1%
$361,527	$1,200	4.0%	4.4%	-9.9%
$370,629	$1,370	4.4%	4.3%	3.7%
$375,734	$1,130	3.6%	4.2%	-16.7%
$479,162	$1,860	4.7%	4.2%	9.8%
$385,301	$1,170	3.6%	4.1%	-12.7%
$389,762	$1,270	3.9%	4.1%	-3.9%
$407,128	$1,550	4.6%	3.9%	14.9%
$409,459	$1,580	4.6%	3.9%	16.5%
$401,546	$1,410	4.2%	3.9%	8.6%
$460,720	$1,750	4.6%	3.8%	16.9%
$418,462	$1,550	4.4%	3.8%	14.9%
$447,993	$2,010	5.4%	3.5%	34.4%
$449,618	$1,470	3.9%	3.5%	10.3%
$457,567	$1,450	3.8%	3.5%	9.0%
$412,659	$1,890	5.5%	3.4%	37.9%
$467,059	$1,810	4.7%	3.4%	27.1%
$468,331	$2,120	5.4%	3.4%	37.8%
$480,997	$1,370	3.4%	3.3%	3.7%
$578,183	$1,670	3.5%	3.3%	5.9%
$491,944	$1,460	3.6%	3.2%	9.7%
$503,394	$1,970	4.7%	3.1%	33.0%
$523,104	$2,120	4.9%	3.0%	37.8%
$532,999	$1,880	4.2%	3.0%	29.8%
$534,834	$1,880	4.2%	3.0%	29.8%
$543,524	$1,390	3.1%	2.9%	5.1%
$608,528	$2,120	4.2%	2.6%	37.8%
$657,928	$2,120	3.9%	2.4%	37.8%
$678,334	$1,490	2.6%	2.3%	11.5%
$709,536	$2,060	3.5%	2.2%	36.0%
$750,590	$2,120	3.4%	2.1%	37.8%

Demographics

Owner-occupied

72.3%

Census ACS

Vacancy rate

5.3%

Census ACS

Bachelor's degree +

50.2%

Census ACS

Rent burdened

41.4%

Census ACS (>30% income)

Median age

41.2

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 16, 2026

Oakland County

See all 68 ZIPs ranked by yield and cap rate