1115 N Old Woodward Ave · Birmingham, MI
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.72%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +7.0/30.0
- Schools +6.9/10.0
- Livability +4.4/5.0
- Rent growth +3.4/5.0
- 1% rule +3.3/10.0
- Condition / age +2.2/5.0
- DSCR +1.2/10.0
- Appreciation +0.0/10.0
$275,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautifully maintained one bedroom one bath condo just steps from downtown Birmingham. Second floor light-filled unit offers generous living spaces and an updated white kitchen with stainless steel appliances. In-unit laundry. Private balcony. Assigned carport (#72) and private storage area in the basement (#218). Building is in the back of the gated community with easy access to paved paths along the Rouge River. Common areas freshly updated with new paint and carpeting. Association dues include exterior maintenance, gas & water. Carports scheduled to be redone this spring (Assessment already paid in full by seller).
Key facts
- Lots of storage
- Balcony
- Spacious kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath townhouse listed at $275k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $-400 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $217k (21.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $228k (17.0% below list).
- Recommended offer: $217k (21.0% below list) — sets the bar for cash-flow.
- Cap rate 4.5% vs local median 2.9% in Birmingham — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 88/100 on livability (#12 in MI, #200 nationally) — a professional / high-income tenant draw. Strengths: schools A+, crime A+, amenities A+; Watch: cost of living F.
- Birmingham Public Schools (suburban): math 58% / reading 71% proficiency, ranked #18 of 540 in MI (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 6% free/reduced lunch — higher-income household profile.
- Market conditions: Rents rising (+3.8%/yr); 261 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 29d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 2,614 units permitted in Oakland County in 2024 (721 in 5+ unit buildings).
- This rent is only 18% of the median local income ($153k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Oakland County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 258 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts; this cycle's ask has dropped $25k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 258 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.83% ✗
- Cap rate
- 4.55%
- Cash-on-cash
- -6.23%
- DSCR
- 0.72
- GRM
- 10.0
CMA / ARV
- ARV (median comp)
- $345,005
- List price
- $275,000
- Delta
- -20.29%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 928 N Adams Rd #4 | 0.90mi | 2/1.5 (+1) | 898 (-1%) | 4mo | $195,000 | $217 | 52 |
| 928 N Adams Rd | 0.86mi | 2/1.5 (+1) | 898 (-1%) | 4mo | $195,000 | $217 | 52 |
| 946 N Adams Rd #2 | 0.91mi | 2/1.5 (+1) | 898 (-1%) | 5mo | $184,000 | $205 | 52 |
| 662 Purdy St #104 | 1.03mi | 2/2.0 (+1) | 874 (-4%) | 3mo | $375,000 | $429 | 47 |
| 444 Chester St #420 | 0.84mi | 2/2.0 (+1) | 874 (-4%) | 4mo | $320,000 | $366 | 47 |
| 444 Chester St #420 | 0.84mi | 2/2.0 (+1) | 874 (-4%) | 4mo | $320,000 | $366 | 47 |
| 411 S Old Woodward Ave #608 | 1.00mi | 1/1.5 | 995 (+10%) | 3mo | $558,000 | $561 | 45 |
| 662 Purdy St #104 | 1.03mi | 2/2.0 (+1) | 874 (-4%) | 8mo | $382,000 | $437 | 43 |
| 411 S Old Woodward Ave #704 | 1.00mi | 2/2.0 (+1) | 995 (+10%) | 0mo | $750,000 | $754 | 40 |
| 1155 Derby Rd #8 | 0.93mi | 2/1.5 (+1) | 990 (+9%) | 6mo | $190,000 | $192 | 39 |
| 662 Purdy St #322 | 1.03mi | 2/2.0 (+1) | 800 (-12%) | 1mo | $370,000 | $463 | 35 |
| 411 S Old Woodward Ave #511 | 1.00mi | 2/2.0 (+1) | 1,065 (+17%) | 9mo | $649,000 | $609 | 23 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.75% rent growth · sell at horizon
- IRR
- -25.9%
- Equity multiple
- 0.12×
- Total profit
- $-68,065
- Equity at exit
- $41,003
- IRR
- -19.7%
- Equity multiple
- -0.09×
- Total profit
- $-83,925
- Equity at exit
- $23,777
Cash invested: $77,000 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 6 active · 8 under contract
- Months of supply
- 4.0 mo (25%/mo absorbed)
- Median asking
- $357,450 ($359/sqft)
- Median days on market
- 42 d
- This list price
- 17% of active listings are priced below it
- ARV vs active asking
- +5.9% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 48009
- Rents YoY
- 3.8%
- Active inventory
- 261
- Price-to-rent
- 10.0×
Monthly cashflow live
- Estimated rent
- $2,283 high interval (Pro) →
- Mortgage (P&I)
- −$1,442
- Tax est. 1.5%
- −$344 /mo · $4,125/yr
- Insurance
- −$115
- HOA
- −$303
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$479
- Net cashflow
- $-400
Break-even live
Sensitivity live
| Price | -10% $-210 | -5% $-305 | +0% $-400 | +5% $-495 | +10% $-590 |
|---|---|---|---|---|---|
| Rent | -10% $-580 | -5% $-490 | +0% $-400 | +5% $-310 | +10% $-219 |
| Rate | -1.0pp $-261 | -0.5pp $-330 | base $-400 | +0.5pp $-471 | +1.0pp $-543 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $68,750
- Closing costs
- $8,250
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 885 N Old Woodward Ave #15 Birmingham, MI | 2.0 | 2.0 | 889 | $2,100 | $2.36 | 132d | 1 | 0.26mi |
| 856 N Old Woodward Ave Birmingham, MI | 1.0–3.0 | 1.5–3.0 | 1697 | $3,950 | $2.33 | 28d | 8 | 0.29mi |
| 35300 Woodward Ave #507 Birmingham, MI | 1.0 | 1.0 | 730 | $2,000 | $2.74 | 165d | 1 | 0.68mi |
| 35300 Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0 | 693 | $1,500 | $2.16 | 7d | 3 | 0.69mi |
| 1037 Putney St Birmingham, MI | 2.0 | 1.0–1.5 | 825 | $1,898 | $2.30 | 2d | 2 | 0.81mi |
| 600 W Brown St #109 Birmingham, MI | 2.0 | 2.0 | 1117 | $3,200 | $2.86 | 10d | 1 | 0.84mi |
| 600 W Brown St #309 Birmingham, MI | 2.0 | 2.0 | 1117 | $2,200 | $1.97 | 47d | 1 | 0.84mi |
| 211 E Merrill St Birmingham, MI | 2.0 | 1.0–2.0 | 800 | $3,192 | $3.99 | 0d | 3 | 0.85mi |
| 444 Chester St #413 Birmingham, MI | 1.0 | 1.0 | 664 | $1,750 | $2.64 | 3d | 1 | 0.85mi |
| 1050 N Adams Rd Unit 204 Birmingham, MI | 1.0 | 1.0 | 900 | $1,250 | $1.39 | 134d | 1 | 0.88mi |
| 868 N Adams Rd #4 Birmingham, MI | 2.0 | 1.5 | 898 | $1,500 | $1.67 | 10d | 1 | 0.88mi |
| 1109 Derby Rd Birmingham, MI | 1.0 | 1.0 | 780 | $1,400 | $1.79 | 155d | 1 | 0.93mi |
| 400 S Old Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 706 | $2,750 | $3.90 | 6d | 3 | 1.00mi |
| 400 S Old Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 757 | $2,750 | $3.63 | 10d | 3 | 1.00mi |
| 411 S Old Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 754 | $2,950 | $3.91 | 117d | 4 | 1.01mi |
| 411 S Old Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 867 | $2,450 | $2.83 | 10d | 3 | 1.01mi |
| 411 S Old Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 754 | $2,499 | $3.31 | 119d | 5 | 1.01mi |
| 411 S Old Woodward Ave Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 743 | $2,300 | $3.10 | 138d | 5 | 1.01mi |
| 662 Purdy St Birmingham, MI | 2.0 | 2.0 | 1165 | $3,775 | $3.24 | 3d | 2 | 1.04mi |
| 343 S Elm St Unit A Birmingham, MI | 2.0 | 1.5 | 1100 | $3,000 | $2.73 | 7d | 1 | 1.04mi |
| 343 S Elm St Unit A Birmingham, MI | 2.0 | 1.5 | 1100 | $3,000 | $2.73 | 157d | 1 | 1.04mi |
| 771 Henrietta St Unit 773 Birmingham, MI | 1.0 | 1.0 | 1054 | $1,895 | $1.80 | 109d | 1 | 1.08mi |
| 555 S Old Woodward Ave Birmingham, MI | 1.0–3.0 | 1.0–2.0 | 1299 | $2,831 | $2.18 | 7d | 7 | 1.11mi |
| 1532 Graefield Rd Birmingham, MI | 2.0 | 1.5 | 1000 | $1,950 | $1.95 | 33d | 1 | 1.12mi |
| 650 Ann St Birmingham, MI | 1.0 | 1.0 | 700 | $1,462 | $2.09 | 10d | 1 | 1.13mi |
| 939 Chester St Birmingham, MI | 2.0 | 1.0 | 1112 | $2,650 | $2.38 | 10d | 1 | 1.15mi |
| 776 Ann St Unit 1 Birmingham, MI | 2.0 | 1.0 | 800 | $1,650 | $2.06 | 3d | 1 | 1.20mi |
| 520 S Adams Rd Birmingham, MI | 1.0 | 1.0 | 650 | $1,307 | $2.01 | 75d | 1 | 1.21mi |
| 520 S Adams Rd Apt 7 Birmingham, MI | 1.0 | 1.0 | 650 | $1,425 | $2.19 | 161d | 1 | 1.21mi |
| 475 S Adams Rd Birmingham, MI | 1.0–2.0 | 1.0 | 900 | $1,300 | $1.44 | 69d | 2 | 1.21mi |
| 475 S Adams Rd Birmingham, MI | 1.0–2.0 | 1.0 | 900 | $1,400 | $1.56 | 28d | 2 | 1.21mi |
| 475 S Adams Rd Birmingham, MI | 1.0–2.0 | 1.0 | 765 | $1,300 | $1.70 | 1d | 4 | 1.21mi |
| 707 S Worth St Birmingham, MI | 1.0–2.0 | 1.0–2.0 | 1145 | $3,900 | $3.40 | 0d | 23 | 1.29mi |
| 449 N Eton St #505 Birmingham, MI | 2.0 | 1.5 | 973 | $1,750 | $1.80 | 10d | 1 | 1.34mi |
| 655 N Eton St Birmingham, MI | 2.0 | 1.5 | 908 | $1,895 | $2.09 | 115d | 1 | 1.37mi |
| 323 N Eton St Birmingham, MI | 2.0 | 1.5 | 963 | $2,100 | $2.18 | 55d | 1 | 1.37mi |
| 655 N Eton St #22 Birmingham, MI | 2.0 | 1.5 | 908 | $1,895 | $2.09 | 119d | 1 | 1.39mi |
| 463 N Eton St Birmingham, MI | 2.0 | 1.5 | 973 | $1,700 | $1.75 | 130d | 1 | 1.39mi |
| 1244 Holland St Birmingham, MI | 2.0 | 1.0 | 708 | $1,700 | $2.40 | 3d | 1 | 1.40mi |
| 347 N Eton St #20 Birmingham, MI | 2.0 | 1.5 | 963 | $1,700 | $1.77 | 13d | 1 | 1.41mi |
Property features AI
Finance
- HOA & community
- Homeowners association with monthly fee of $303HOA covers water and grounds maintenance
Exterior
- Parking
- Covered, lighted carport1 garage space
- Utilities
- Public sewerWater available
- Home design
- Condominium (residential)One level
- Construction
- Brick construction
- Exterior features
- Publicly maintained roadPets allowed with size limit
Interior
- Kitchen
- DishwasherMicrowaveOvenRefrigeratorRange
- Bathrooms
- 1 full bathroom
- Heating & cooling
- Central air conditioningForced air heating (natural gas)
- Interior features
- Gas water heaterDishwasherMicrowaveOvenRefrigeratorRangeConcrete, unfinished basement
HOA detail $303/mo · $3,636/yr
- Likely covers
- watergasexterior maint.security
Listing history 50 events
-
2026-11-08days on market $275,000 Active 258 DOM
-
2026-11-07days on market $275,000 Active 257 DOM
-
2026-11-06days on market $275,000 Active 256 DOM
-
2026-11-05days on market $275,000 Active 255 DOM
-
2026-11-04days on market $275,000 Active 254 DOM
-
2026-11-02days on market $275,000 Active 252 DOM
-
2026-11-01days on market $275,000 Active 251 DOM
-
2026-10-31days on market $275,000 Active 250 DOM
-
2026-10-30days on market $275,000 Active 249 DOM
-
2026-10-29days on market $275,000 Active 248 DOM
-
2026-10-28days on market $275,000 Active 247 DOM
-
2026-10-27days on market $275,000 Active 246 DOM
-
2026-10-26days on market $275,000 Active 245 DOM
-
2026-10-25days on market $275,000 Active 244 DOM
-
2026-10-24days on market $275,000 Active 243 DOM
-
2026-10-23days on market $275,000 Active 242 DOM
-
2026-10-22days on market $275,000 Active 241 DOM
-
2026-10-21days on market $275,000 Active 240 DOM
-
2026-10-20days on market $275,000 Active 239 DOM
-
2026-10-19days on market $275,000 Active 238 DOM
-
2026-10-18days on market $275,000 Active 237 DOM
-
2026-10-17days on market $275,000 Active 236 DOM
-
2026-10-16days on market $275,000 Active 235 DOM
-
2026-10-15days on market $275,000 Active 234 DOM
-
2026-10-14days on market $275,000 Active 233 DOM
-
2026-10-13days on market $275,000 Active 232 DOM
-
2026-10-12days on market $275,000 Active 231 DOM
-
2026-10-11days on market $275,000 Active 230 DOM
-
2026-10-10days on market $275,000 Active 229 DOM
-
2026-10-09days on market $275,000 Active 228 DOM
-
2026-10-08days on market $275,000 Active 227 DOM
-
2026-10-07days on market $275,000 Active 226 DOM
-
2026-10-06days on market $275,000 Active 225 DOM
-
2026-10-05price $275,000 Active 224 DOM
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2026-10-05days on market $285,000 Active 224 DOM
-
2026-10-04days on market $285,000 Active 223 DOM
-
2026-10-03days on market $285,000 Active 222 DOM
-
2026-10-02days on market $285,000 Active 221 DOM
-
2026-10-01days on market $285,000 Active 220 DOM
-
2026-09-30days on market $285,000 Active 219 DOM
-
2026-09-29days on market $285,000 Active 218 DOM
-
2026-09-28days on market $285,000 Active 217 DOM
-
2026-09-27days on market $285,000 Active 216 DOM
-
2026-09-25remarks 699-char remark
-
2026-09-25days on market $285,000 Active 214 DOM
-
2026-09-24days on market $285,000 Active 213 DOM
-
2026-09-23days on market $285,000 Active 212 DOM
-
2026-09-22days on market $285,000 Active 211 DOM
-
2026-09-21days on market $285,000 Active 210 DOM
-
2026-09-20days on market $285,000 Active 209 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,398
- − Mortgage interest
- −$15,404
- − Property taxes
- −$4,125
- − Insurance
- −$1,375
- − Repairs & maintenance
- −$2,192
- − Management
- −$2,192
- − HOA
- −$3,636
- − Depreciation
- −$8,000
- Taxable loss
- −$9,526
- Est. tax savings @ 24.0%
- +$2,286
- After-tax cash flow
- $-2,511/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 2 photos
This townhouse requires cosmetic updates to its exterior and interior paint, as well as some maintenance on the carpet. Fresh paint and updated appliances would significantly enhance its resale and rental value.
Repairs flagged
- Minor exterior siding — Weathered and faded
- Minor interior paint — Faded and needs touch-up
Value-add opportunities
- Both paint exterior and interior — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both replace faded carpet — Fresh carpet improves comfort and appearance ↑
- Both update kitchen appliances — Modern appliances increase appeal and functionality ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Birmingham Public Schools
- NCES district ID
- 2605850
- Math proficiency
- 58% ▼ -8.00%
- Reading proficiency
- 71% ▼ -3.00%
- Median HH income
- $110,445
- Composite
- 60.54/100
- National rank
- #839
- State rank
- #18 of 540 in MI
Livability — Birmingham
- Score
- 88/100
- State rank
- #12
- US rank
- #200
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Birmingham, MI
- County
- Oakland County · 1,335,747 people
- City population
- 21,772
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 21,772
- Household income
- $153,401
- Rent vs Own
- Severe rent burden
- 6% of renters
Population outlook (Oakland County) Hauer SSP2
- Today (2025)
- 1,335,747 people
- By 2030
- 1,375,100 · +2.9%
- By 2040
- 1,435,385 · +7.5%
- By 2050
- 1,469,250 · +10.0%
- By 2075
- 1,531,946 · +14.7%
- By 2100
- 1,450,485 · +8.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (84%)
- Race & ethnicity
- White 84% Two or more races 6% Asian 5% Hispanic / Latino 4% Black 4%
- Languages at home
- 90% English-only · Other Indo-European 3% Arabic 1% Spanish 1%
Political lean MEDSL · Oakland
- 2024 margin
- D (+10.6) · D 54.4% · R 43.8% · Other 1.9%
- 2008→2024 swing
- -3.9pp toward R · 2008: 14.5pp · 2024: 10.6pp
- All cycles
- 2024: D+10.6 2020: D+14.1 2016: D+8.1 2012: D+8.1 2008: D+14.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -644.58%
- Current HPI
- 201.3418
- Rent YoY
- ▲ 3.75%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
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| Automotive Technology | 1 | $20B |
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Price history
-12.3% since first listed33 events — show timeline
- 2026-05-23 Price Changed $285,000 REALCOMP
- 2026-05-07 Pending — MiRealSource-MiMLS
- 2026-05-07 Pending — REALCOMP
- 2026-05-04 Sold (MLS) $294,200 REALCOMP
- 2026-05-04 Sold (MLS) $294,200 MiRealSource-MiMLS
- 2026-04-27 Listed $299,900 REALCOMP
- 2026-04-27 Listed $299,900 MiRealSource-MiMLS
- 2026-04-03 Pending — REALCOMP
- 2026-04-03 Pending — MiRealSource-MiMLS
- 2026-03-17 Contingent — MiRealSource-MiMLS
- 2026-03-17 Contingent — REALCOMP
- 2026-03-17 Listing Removed — MiRealSource-MiMLS
- 2026-03-17 Listing Removed — REALCOMP
- 2026-03-10 Listed $299,900 REALCOMP
- 2026-03-10 Listed $299,900 MiRealSource-MiMLS
- 2026-02-23 Listed $295,000 REALCOMP
- 2026-02-03 Listing Removed — MiRealSource-MiMLS
- 2026-01-06 Relisted — MiRealSource-MiMLS
- 2026-01-06 Relisted — MiRealSource-MiMLS
- 2026-01-06 Relisted — MiRealSource-MiMLS
- 2026-01-06 Listing Removed — REALCOMP
- 2026-01-06 Listing Removed — MiRealSource-MiMLS
- 2026-01-06 Listing Removed — MiRealSource-MiMLS
- 2026-01-06 Listing Removed — MiRealSource-MiMLS
- 2026-01-06 Listing Removed — MiRealSource-MiMLS
- 2026-01-06 Listed $299,900 REALCOMP
- 2026-01-06 Listed $299,900 MiRealSource-MiMLS
- 2025-11-06 Listed $299,900 REALCOMP
- 2025-11-06 Listed $299,900 MiRealSource-MiMLS
- 2025-09-29 Listing Removed — REALCOMP
- 2025-09-29 Listing Removed — MiRealSource-MiMLS
- 2025-07-11 Listed $325,000 REALCOMP
- 2025-07-11 Listed $325,000 MiRealSource-MiMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…