Oakland Twp Real Estate

Charter Township of Oakland is an affluent charter township on the north Oakland County outskirts of Metro Detroit, in the U.S. state of Michigan. It is colloquially referred to as "Oakland Township". The population was 16,779 at the 2010 census.
Oakland Township is less densely populated than neighboring townships to the west, south, and east; and retains many elements of a rural, wooded residential bedroom community. Local ordinances and zoning laws are aimed at limiting commercial and industrial development while maintaining a cap on population density by way of a master plan.
Oakland Township's northern half has its own zip code, "Oakland, Michigan, 48363", while the southern portion of the township shares zip code 48306 with the northern portion of adjacent Rochester Hills. "Oakland" and "Goodison" are also acceptable last line addresses by the USPS for zip code 48306.

Oakland Township has the distinction of being one of the Michigan's oldest townships, and was first named in surveys using the guidelines set by the Land Ordinance of 1785. A General Land Office opened in 1818, bringing the first permanent settlers to the area. It was one of the original 25 townships in the Territory of Michigan when counties were further divided into townships in 1827. Township boundaries and area (36 sq mi) were finalized in 1837 when Michigan gained statehood.
A grist mill and mill race was built on Paint Creek in 1835. Later named Goodison Mill, it operated for more than 100 years before being dismantled in the late 1940s. The former site of the mill is the current location of Paint Creek Cider Mill.
Goodison Station was a flag station built in 1872 on the Detroit and Bay City Railroad. Another branch of track served the Detroit United Railway. In 1926, a head-on collision between a passenger train and freight train near the Goodison depot resulted in one death and 37 injuries. Passenger service on the lines had ceased by 1950.
Paint Creek Trail opened in 1983 as the first rail trail in Michigan. The trail is in the right-of-way of the former Detroit and Bay City Railroad, Michigan Central Railroad and Penn Central Railroad lines; linking the village of Lake Orion with the city of Rochester and passing through the unincorporated village of Goodison. The original rail line was in service until the track was removed when Penn Central's railroad operations were taken over by Conrail in 1976 The property was purchased by the a trail commission representing local governments in 1983 for $450,000.
Oakland Township is one possible location as the final resting place of former Teamsters president Jimmy Hoffa, who had been missing since 1975. A specific piece of property came under scrutiny in January 2013 after Tony Zerilli, 85, the son of reputed former Detroit Partnership boss Joseph Zerilli, told investigators that Hoffa was buried there. It was reported that the property had at one time been owned via land contract and intermediate businesses by Jack Tocco, a convicted mobster who also had legitimate real estate holdings in Metro Detroit, including Oakland Township. On June 17, 2013, FBI investigators arrived to conduct a thorough search of the area. On June 19, 2013 authorities concluded the search after no evidence was discovered.

Oakland Twp - Town vs. County Stats

Avg Price in Oakland Twp: $1,829,600 / County Avg $726,000

252%

Avg Taxes in Oakland Twp: $10,900 / County Avg $706,800

2%

Avg Sq. Ft. in Oakland Twp: 4,639 / County Avg 2,466

188%

Avg Price per/sqft in Oakland Twp:$394 / County Avg $294

134%

Avg Walkscore in Oakland Twp: 10 / County Avg 35

29%

Avg Year Built in Oakland Twp: 2001 / County Avg 1979

101%

Avg Days on Website in Oakland Twp: 134 / County Avg 83

161%

Oakland Twp Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales