Is Pontiac, MI 48342 a buyer’s or seller’s market?

The Pontiac housing market right now

In the three months ending August 31, 2026, 27% of homes in Pontiac, MI 48342 sold above their list price, the typical home went under contract in 21 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (28% then), homes sold faster (28 days then) and the median sale price fell 21% to $119,948. Overall, Pontiac is about as competitive as it was a year ago.

Within Oakland County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Pontiac ranks #374 of 510 MI ZIP codes with enough sales (score 47 out of 100).

Nearby, buyers who want less competition could look at Oxford 48370 (0% sold over asking) or Southfield 48034 (16% sold over asking), while Huntington Woods 48070 (74% sold over asking) and Pleasant Ridge 48069 (54% sold over asking) are even more competitive.