Oakley, MI Real Estate

According to census data in the year 2000 there were 149 housing units in Oakley. This represents a 5.7% growth from 141 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 149 were located in what is classified as a rural area.

Homeownership rate in Oakley is about 64.7%. Oakley's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Oakley were built after 1951.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom8.10%
Two Bedrooms28.90%
Three Bedrooms51%
Four Bedrooms7.40%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1946
Median Value of occupied units$62,100
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1964
Median Monthly Rent asked for vacant units$292

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan8.80%
Simple Mortgage45.60%
Debt Free45.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%