Neighborhood
OakwoodNorthville, Michigan
Oakwood is a residential neighborhood in Northville City, located in the Northville, Michigan area of Oakland County. The housing stock consists primarily of single-family properties built between 1928 and 2017. The average home is 2,428 square feet with 4 bedrooms. Recent sales in Oakwood range from $310,000 to $665,000, with a median sale price of $460,000. That works out to a median of $216 per square foot. The Oakwood real estate market currently has 2 active listings, with asking prices from $390,000 to $699,999. At the current pace of 6 sales per year, Oakwood's 2 active listings represent 4 months of supply, indicating a balanced market. Homes sell in an average of 58 days on market. For homeowners considering selling in Oakwood, 6 homes have closed in the past 12 months.
Residential Overview
2Active Listings
$460,000Median Sale Price (past 12mo)
58daysAvg Days on Market
$216Price per Sqft
6Sold (past 12mo)
4moBalanced Market
1968Avg Year Built
2,428 sqftAvg Size
3.6Avg Beds
2.5Avg Baths
12,197 sqftAvg Lot
100%Garage
Homes for Sale(2)
Market Analytics
Recently Sold Residential (18)
Property Records
Per FEMA, Oakwood falls within Zone X (minimal flood risk) — flood insurance is not mandatory but remains available. Flood zone boundaries are subject to change by FEMA map revision. Verify current status at FEMA Map Service Center before making purchasing decisions. As of 2024, the median property tax bill in Oakwood is $5,965 annually. Properties carry a median assessed value of $119,507.
Source: FEMA National Flood Hazard Layer · Source: Northville City tax records
Frequently Asked Questions about Oakwood
How much do homes cost in Oakwood?
Homes in Oakwood sell for a median of $460,000, drawn from 6 transactions over the past 12 months. Sale prices have ranged from $310,000 to $665,000. That works out to roughly $216 per square foot.
What is the current inventory in Oakwood?
There are currently 2 active listings in Oakwood. Asking prices range from $390,000 to $699,999.
What types of homes are in Oakwood?
The housing stock in Oakwood is mainly single family residence homes, with construction dates ranging from 1928 to 2017. The average home size is 2,428 square feet. Homes typically have 4 bedrooms.
How long do homes stay on the market in Oakwood?
The average days on market in Oakwood is 58, drawn from 6 recent transactions.
What are market conditions like in Oakwood?
At the current pace, Oakwood has 4.0 months of inventory — a balanced market. There are 2 active listings against 6 closed sales in the past year.
How much land do homes sit on in Oakwood?
The average lot size in Oakwood is 12,197 sqft. Actual lot sizes vary — check individual listings for specific dimensions.
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