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Green Oak Township Real Estate Market
Current home prices, inventory, days on market and local housing trends for Green Oak Township, with context from the broader Metro Detroit market.
Green Oak Township occupies a distinct position between the South Lyon and Brighton areas. Its mix of subdivisions, condos, newer homes, lake-area properties and homes on larger lots calls for a property-specific approach. This page evaluates Green Oak Township separately from neighboring communities.
Green Oak Township Market at a Glance
Compare Green Oak Township's September residential activity with Metro Detroit and with the same month last year.
| Residential Metric | Green Oak Township | Local Year-over-Year Change | Metro Detroit |
|---|---|---|---|
| Median Sale Price | $451,000 | -3.5% | $310,000 |
| Days on Market | 12 | -45.5% | 28 |
| Percent of List Price Received | 100.7% | +2.2% | 99.0% |
| Months of Inventory | 2.8 | +64.7% | 3.2 |
| Homes for Sale | 51 | +59.4% | 10,410 |
| New Listings | 24 | +14.3% | 5,444 |
| Pending Sales | 8 | -63.6% | 3,024 |
| Closed Sales | 14 | -41.7% | 3,245 |
Source: Realcomp II Ltd., Green Oak Twp and Metro Detroit Local Market Updates, September 2026, current as of October 7, 2026. Metro Detroit covers Livingston, Macomb, Oakland and Wayne counties. Residential and condominium figures are reported separately. Year-over-year changes reflect the same month in 2025; Realcomp percentage changes use rounded figures and may be affected by small sample sizes. Sale price and percent-of-list-price measures exclude concessions and downpayment assistance.
What the Numbers Mean
September was a more selective month for Green Oak Township residential sales. Fourteen homes closed, compared with 24 a year earlier, even as available listings increased from 32 to 51.
The September median sale price was $451,000, down 3.5% from $467,250 in September 2025. Average price was $527,429, down 2.0%. Neither comparison measures the appreciation or depreciation of the same homes.
Homes that closed averaged just 12 days on market, down from 22 a year ago and below Metro Detroit's 28 days. Sellers received 100.7% of asking price on average, versus 99.0% regionally. These figures describe completed sales, not every active listing.
Inventory rose 59.4% year over year to 51 residential homes, with 2.8 months of supply compared with 1.7 months last September. Metro Detroit stood at 3.2 months. More choices and fewer pending sales in the month make direct competition especially important.
Market Trends Through September
January through September gives a fuller picture than September's 14 closings. Green Oak Township recorded 185 residential closings year to date, up 6.3% from 174 over the same period in 2025. New listings reached 251 (+5.9%) and pending sales totaled 176 (-1.7%).
| Residential Metric | Green Oak Township YTD | Local YTD Year-over-Year Change | Metro Detroit YTD |
|---|---|---|---|
| Median Sale Price | $469,900 | -6.3% | $300,350 |
| Average Sale Price | $530,255 | -0.6% | $368,919 |
| Closed Sales | 185 | +6.3% | 28,896 |
| Days on Market | 34 | -27.7% | 31 |
| Percent of List Price Received | 100.2% | -0.2% | 99.3% |
Although September's closed sales were lower than last year, year-to-date closings remained higher. Local days on market improved from 47 to 34, whereas Metro Detroit's year-to-date average was 31.
A Three-Year Perspective on Green Oak Township's Housing Market
Looking at several years of activity helps distinguish a temporary monthly change from a broader shift. Realcomp's three-year residential trend report shows that both inventory and the mix of homes sold have fluctuated from month to month. For a smaller market such as Green Oak Township, one month's median sale price can be particularly sensitive to the properties that happened to close.
The latest completed-month Local Market Update gives a clearer near-term comparison: September 2026 residential inventory reached 51 homes, up from 32 a year earlier, and months of supply increased from 1.7 to 2.8. At the same time, monthly pending sales fell from 22 to eight. These changes suggest more choice for buyers and make pricing against current competition especially important.
Prices require equally careful interpretation. The September residential median was $451,000, down 3.5% from a year earlier, while the year-to-date median was $469,900, down 6.3%. Neither statistic measures the value change of the same properties. Through September, 185 residential homes had closed in 2026, compared with 174 during the same period in 2025.
Sources: Realcomp Matrix STATS, Green Oak Township Residential three-year trends (September 2023–September 2026), for historical context; and Realcomp Local Market Update, September 2026, for the specific monthly and year-to-date figures above. These reports use different calculations and search criteria, so their inventory figures should not be treated as interchangeable.
Green Oak Township Condo Market
Condo sales should be evaluated separately from residential homes. Only three Green Oak Township condos closed in September, so year-to-date results offer more context—although 28 year-to-date closings are still a small sample.
| 2026 YTD Condo Metric | Green Oak Township | Local YTD Year-over-Year Change | Metro Detroit |
|---|---|---|---|
| Median Sale Price | $210,000 | -13.2% | $258,675 |
| Average Sale Price | $269,139 | -26.1% | $294,736 |
| Closed Sales | 28 | +64.7% | 5,827 |
| Days on Market | 49 | +40.0% | 40 |
| Percent of List Price Received | 98.1% | -1.0% | 98.3% |
Through September, condo closings increased from 17 to 28, while the median sale price declined to $210,000 from $242,000. Average sale price fell from $364,235 to $269,139. Days on market increased from 35 to 49. These results may be influenced by the mix of properties sold and do not measure an individual condo's change in value.
In September, just three local condos closed—the same number as a year earlier. The monthly median was $185,000, down 33.9%, while the average price was $183,333 and days on market averaged 34. Only two new condos were listed, no condo sales went pending, and seven units remained for sale, representing 2.1 months of supply.
Metro Detroit's September condo median was $265,000, with 38 days on market, 649 closings and 3.9 months of supply. Its year-to-date condo median was $258,675.
What Green Oak Township Sellers Should Know
September residential sales averaged only 12 days on market, but there were also 51 homes for sale, 59.4% more than a year earlier. More competition makes accurate pricing and preparation essential. Condo sellers should evaluate their separate market and its modest transaction counts.
When I evaluate a Green Oak Township property before listing, I focus on the homes it will actually compete with and the preparation that will help buyers understand its value.
- Recent comparable sales within the relevant property type and price range
- Current competing listings and available pending-sale information
- Condition, updates, housing age and presentation
- Lot size, usable acreage, privacy and any documented lake access or frontage
- Location, layout, garage, basement and functional differences
- Buyer activity and selling times for genuinely comparable properties
My goal is to recommend a price, preparation plan and marketing approach that make sense for your property. A strong township statistic cannot compensate for a home that is poorly positioned against its current competition.
In a separate Realcomp MLS study of 1,185 closed resale home sales across Green Oak Township and nearby communities, 81.2% of homes that sold within 10 cumulative days on market achieved or exceeded their first asking price. Among homes that took longer, 19.6% did.
These findings represent the combined study area, not Green Oak Township alone. They show a relationship between selling time and pricing outcomes, not a requirement to sell or reduce the asking price after 10 days. Properties with acreage, lake features or different conditions may attract buyers on different timelines.
Read the local study of the first 10 days on market for a closer look at the data and what it means for a pricing strategy.
Thinking About Selling a Green Oak Township Home?
Let's review your property's competition and build a practical plan for pricing, preparation, marketing and negotiation.
What Green Oak Township Buyers Should Know
In September, Green Oak Township residential sellers received 100.7% of list price on average, while condo sellers received 98.1%. Those figures reflect completed sales; the appropriate offer strategy still depends on a specific property’s condition, time on market and direct competition.
Price Range Matters
Compare available homes and recent sales within your budget and property type. Township-wide data does not tell us which individual price ranges are most competitive.
Condition Matters
Evaluate updates, maintenance and likely improvement costs. A move-in-ready home and a property needing substantial work may call for different offers, even at similar asking prices.
Location Matters
Consider access to the South Lyon and Brighton areas, lot characteristics, usable acreage and any documented lake rights. Proximity alone does not make two properties comparable.
Timing Matters
A new listing attracting strong interest may require a different approach from one available for several weeks. Review actual activity and price history before assuming negotiating room.
What Are Green Oak Township Homes Worth?
A meaningful value range starts with your property's location, type, price range, condition and updates. Lot size, usable acreage, lake characteristics, housing age and functional differences also belong in the comparison.
Automated estimates and township-wide averages can provide a general reference point, but they cannot replace a careful review of comparable sales and the properties buyers can choose today.
Recently Sold Homes
Comparable sales show what buyers paid for similar properties. I consider condition, updates, location, lot and acreage characteristics, property type and price range when selecting those comparisons.
Current Competition
Available homes show the alternatives buyers have now. Their asking prices, condition, setting and time on market help inform how your home should be positioned.
What Could Your Green Oak Township Home Sell For?
A property-specific market analysis can give you a useful value range and explain the factors behind it.
Request a Personalized Home ValueGreen Oak Township Home Values Can Vary by Location, Property Type and Price Range
Green Oak Township should be evaluated as its own community, even when buyers are also considering the South Lyon or Brighton areas. The following are property-selection considerations, not statistical findings about individual neighborhoods or market segments.
Subdivisions, Newer Homes and Condos
Established subdivisions, newer construction and condominium communities require different comparisons. Housing age, floor plan, updates, association responsibilities and price range can influence which properties buyers view as alternatives.
Lake Settings, Larger Lots and Acreage
For lake-area properties and homes on larger parcels, examine the specific setting, usable land, privacy and documented water access or frontage. Two homes with similar square footage may offer very different property characteristics and locations.
Realcomp's township-wide report does not break out these segments, so it cannot establish a price premium or demand trend for any one of them. I use property-specific comparable sales and current competition to evaluate those differences, keeping Green Oak Township's statistics separate from South Lyon, Lyon Township and Brighton.
A Recent Green Oak Township Real Estate Result
13872 Edenderry Drive
Greenock Hills, Green Oak Township
Listed at $485,000
Sold for $536,000
Cash sale
I represented the sellers of this ranch home. It closed March 5, 2026, with six reported days on market and a sale price $51,000 above asking.
Individual Properties Need Individual Strategies
This home offered a ranch layout, a 0.43-acre lot, a walkout lower level and a three-car garage. Its result should be understood in the context of that property and its competition at the time. It does not mean every Green Oak Township home should sell above asking.
Green Oak Township Real Estate Market FAQs
Is Green Oak Township a buyer's market or a seller's market?
September 2026 residential inventory was 2.8 months in Green Oak Township, with sellers receiving 100.7% of list price on average. Condo supply was 2.1 months, based on only seven available condos. Buyer and seller leverage varies substantially by property type, price, condition and competition.
What is the median home price in Green Oak Township?
The September 2026 residential median sale price was $451,000, down 3.5% from September 2025. Through September, the year-to-date median was $469,900, down 6.3%. These medians describe the mix of homes sold, not individual property value changes.
How does Green Oak Township compare with Metro Detroit?
Green Oak Township’s September residential median was $451,000 compared with $310,000 across Metro Detroit. Local sales averaged 12 days on market versus 28 regionally, and inventory stood at 2.8 months versus 3.2. Year-to-date selling times were 34 days locally and 31 regionally.
How is the Green Oak Township condo market doing?
Through September 2026, Green Oak Township recorded 28 condo sales, up from 17 a year earlier. The year-to-date condo median was $210,000, down 13.2%, while condos averaged 49 days on market and sellers received 98.1% of list price. Community-specific comparisons remain essential.
Did Green Oak Township condo values really fall 33.9%?
The reported September condo median fell 33.9%, but only three condos closed in September 2026 and three closed in September 2025. The different mix of sold units can move the median considerably; it does not measure how much an individual condo gained or lost in value.
How many homes are available in Green Oak Township?
The September 2026 report showed 51 residential homes for sale, up 59.4% from the same month a year earlier, and seven condos. Residential supply stood at 2.8 months and condo supply at 2.1. These are September report figures, not a live listing count.
How long does it take to sell a Green Oak Township home?
Residential sales averaged 12 days on market during September 2026 and 34 days year to date. Condos averaged 34 days during September and 49 days year to date. These averages describe completed sales and are not guaranteed timelines for an individual listing.
Are online home-value estimates accurate in Green Oak Township?
Online estimates can provide a starting point but may miss renovations, condition, usable acreage, lake characteristics and property-type differences. A property-specific analysis of comparable sales and competing listings provides stronger guidance.
Market Guidance From Jeff Duneske
I've worked in Metro Detroit real estate since 2000, helping buyers and sellers in Green Oak Township, South Lyon, Brighton and the surrounding communities.
My role is to help you understand what the numbers mean for a specific home and decision. In Green Oak Township, that includes looking carefully at property type, location, condition, price range and the land or setting that comes with the home.
If you're considering a move, I'm always happy to review the comparable sales, explain the current competition and talk through your options.
No pressure. Just clarity.
Wondering What the Green Oak Township Market Means for You?
Whether you're considering selling, buying, downsizing or simply trying to understand what your home may be worth, I can help you evaluate the local market and determine what makes sense for your situation.