Auburn Hills, MI—48326
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Auburn Hills, MI
As of Oct '25, the median home price in Auburn Hills, MI is $275,000, with a year-over-year change of 3.7%. This indicates that home prices in Auburn Hills, MI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | 3.7% |
| Single Family | $279,000 | 4.1% |
| Condos | $265,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $119,000 | 8.2% |
2 Bed | $226,000 | 2.7% |
3 Bed | $286,000 | 4.0% |
4 Bed | $402,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Auburn Hills, MI
As of July '25, Rentcast reports the average rent in Auburn Hills, MI is $1,870, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Auburn Hills, MI is 1-bedrooms: $1,420, 2-bedrooms: $1,780, 3-bedrooms: $2,340, 4-bedrooms: $3,070. The most common rental property sizes in Auburn Hills, MI are 2-bedroom and 1-bedroom, accounting for 61.8% and 18.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,870 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,380 | $1,420 |
| 2 Bed Rent | $1,750 | $1,780 |
| 3 Bed Rent | $2,200 | $2,340 |
| 4 Bed Rent | $3,000 | $3,070 |
% of Rental Stock
Property Listings — Auburn Hills, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Auburn Hills, MI is 25. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $368,000 | -8.0% |
Listing Count | 60 | -11.0% |
| Listings as % of Homes | 0.2% | -11.0% |
Days on Market | 25 | -12.0% |
Demographics — Auburn Hills, MI
As of the latest ACS Survey released in 2023, Auburn Hills, MI has a population of 24,500, which has increased by 12.2% over the past 5 years. Auburn Hills, MI is a moderately popular place for families, as children make up 15.6% of the population. The area has a highly educated workforce, with 47.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,500 | 12.2% |
% Under 18 | 15.6% | -4.9% |
% Seniors | 15.6% | 31.1% |
% WFH | 14.8% | 289.5% |
% w/ College Degree | 47.5% | 5.1% |
As of the latest ACS Survey released in 2023, Auburn Hills, MI is a predominantly white area, with 56.4% of the population identifying as white. The white population has grown by 2.5% in the last 5 years. The second most common race or ethnicity in Auburn Hills, MI is asian, making up 14.7% of the population. Foreign-born residents account for 19.4% of the population in Auburn Hills, MI, and this percentage has decreased by 15.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.4% | 2.5% |
% Black | 11.3% | -32.3% |
% Hispanic | 11.0% | 100.0% |
% Asian | 14.7% | -20.5% |
% Foreign Born | 19.4% | -15.3% |
Mortgage and Risk — Auburn Hills, MI
According to HUD data as of 2023, there were 333 mortgage originations in Auburn Hills, MI, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Auburn Hills, MI. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 333 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Auburn Hills, MI
As of 2024, the percent of homes in Auburn Hills, MI under the Section 8 program is 2.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Auburn Hills, MI, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 164 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,380 | $1,240 |
| 2 Bedroom | -$180 | $1,750 | $1,570 |
| 3 Bedroom | -$280 | $2,200 | $1,920 |
| 4 Bedroom | -$920 | $3,000 | $2,080 |
Affordability — Auburn Hills, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $275,000 |
| Median Household Income | $79,500 |