Green Oak, MI Housing


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Green Oak, MI has an impressive median housing value of $412,300 that is significantly higher than the national house median value of $338,100. The appreciation rate for homes in Green Oak, MI over the past year was 8.47%, which is more than the US 1 year house appreciation rate of 8.27%. This indicates that the housing market in Green Oak, MI has been very strong and healthy over recent months. With a high median housing value and a strong appreciation rate, it's no wonder that Green Oak, MI is an attractive area to invest in or buy a home.

The median home cost in Green Oak is $412,300. Home appreciation the last 10 years has been 109.8%. Home Appreciation in Green Oak is up 13.1%.

Average Age of Homes
- The median age of Green Oak real estate is 33 years old
The Rental Market in Green Oak
- Renters make up 12.2% of the Green Oak population
- 0.4% of houses and apartments in Green Oak, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingGreen Oak, MichiganUnited States
  7,819.0139,647,020.0
  3242
  $412,300$338,100
  13.1%16.6%
  49.3%57.0%
  109.8%101.1%
  $11.84$10.98
  $3,570$2,690
  84.9%57.4%
  5.6%11.2%
  9.5%31.4%
  Vacant Housing
  0.4%1.9%
  0.0%0.4%
  0.3%0.7%
  0.9%0.4%
  2.2%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  0.3%2.4%
  1.2%2.8%
  2.2%3.9%
  2.3%4.5%
  9.0%11.3%
  10.2%13.0%
  23.2%20.1%
  26.2%13.6%
  11.7%8.3%
  9.4%9.7%
  2.0%3.9%
  0.6%2.2%
  0.1%0.8%
  0.4%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  17.2%13.6%
  17.2%13.6%
  23.5%13.6%
  14.0%13.2%
  14.2%14.8%
  23.5%13.6%
  8.6%10.0%
  2.5%4.7%
  4.3%12.2%
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