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Oakland County, Michigan

Mortgage Broker in Addison Township, MI

Addison Township mortgage broker help for lake homes, acreage and village houses near Leonard, where the school district on the parcel sets the tax rate.

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What should you know before buying a home in Addison Township?

Addison Township, in Oakland County, is home to about 6,278 residents in the Census Bureau's 2020 to 2024 American Community Survey (6,256 in the 2020 census) across about 36 square miles of land. Its ZIP codes also reach into Dryden, Leonard and Oxford, so the parcel record, not the mailing address, shows which unit's tax rates apply. The Village of Leonard lies inside the township. Downtown Detroit is about 36 miles south in a straight line.

By the numbers

What do the numbers say about Addison Township housing?

Values move. Treat these as orientation and let us pull current figures for the address you are considering.

$417,000

Typical home value, from the market research on this page

+38%

Typical rise in taxable value the year after a home sells, 2026 Uncapping Study

2

Residential ZIP codes: 48367, 48370

What does financing look like in Addison Township?

Redfin's ZIP 48367 page, read in November 2026, reports a median sale price of $539,841 for September 2026 across 8 homes sold, with a median of 40 days on market. That ZIP also covers the Village of Leonard and parts of neighboring areas, so treat it as a nearby reading and not a township figure. The American Community Survey puts the median value of owner-occupied homes in the township near $416,700, with a margin of about $43,943, and the value of tract 1203 in the west and north ($467,300) sits above tract 1200 in the east and south ($364,300). A mortgage broker for an Addison Township MI purchase compares loans against the parcel in hand: the homebuyer game plan is the first step, and the Oakland County page covers the wider county.

Most purchases here finance under the 2026 conforming limit of $832,750, with the FHA limit at $541,287 for a one-unit home in the county, and you can check any county on the loan limits tool. Conventional, FHA, VA and USDA loans are all worth comparing, and the USDA address check reads a specific address. Three local items shape a file. First, the Oakland County Health Division issues septic permits and runs construction and final inspections, so a home on a septic system or well gets inspection steps a village-sewer home does not: see buying a home with a septic system. Second, the Census counts 77 mobile homes among the township's 2,253 housing units, and manufactured home loans have their own rules. Third, a lakefront parcel can sit in a special assessment district, which the lender and the title company will want to. In Michigan, a home's taxable value is capped while one owner holds it. The year after it sells, that cap comes off and taxable value resets to the state equalized value, which is half of the assessor's estimate of market value, not automatically half of what you paid. Run the numbers on the property tax calculator with the exact address.

Treasury's 2025 table lists seven homestead rows for Addison Township, from 27.443 mills in the Almont district to 35.983 on the Oxford and Lake Orion transfer row, and parcels inside the Village of Leonard add 7 mills to the Oxford Area rate of 34.1905.

The market

What is the Addison Township housing market like?

The Census Bureau's American Community Survey puts the median owner-occupied home value in Addison Township near $416,700, across about 2,028 owner-occupied homes, with a median year built of 1987. The typical home value in Addison Township is near $417,000. Homeowners pay a median of about $4,482 a year in property taxes, an effective rate of about 1.08% of the median value.

Where a home sits

ZIP codes and districts inside Addison Township

The township's numbers come from the Census Bureau profile and the 2020 Census block counts, and the village is covered on our own Leonard page. Neighbors with their own pages are Oxford and Lake Orion.

How are the ZIP codes split?

About 1,861 of the township's 2,494 homes in the 2020 Census are in ZIP 48367, the Leonard address, and about 621 in 48370, the Oxford address. A handful of homes, about 12, reach 48371 or 48428. The ZIP on a mailing label never decides the tax rate.

Where do the districts fall?

Oxford Area Community Schools covers about 1,625 homes, Romeo about 625, Lake Orion about 202 and Almont about 42. The Oxford Area district takes the north and west, Romeo the southeast and Lake Orion a southwest pocket that includes Addison Oaks County Park.

How big is the township?

The Census counts about 36 square miles of land, 6,278 people in the 2020 to 2024 survey and 2,253 housing units, of which 2,170 are one-unit detached homes and about 77 are mobile homes. The median year built is 1987.

Where to look

Which neighborhoods make up Addison Township?

Village of Leonard

The Village of Leonard sits inside the township and spans two block groups, with 158 homes inside the village limits in the 2020 Census. The American Community Survey puts the village's median owner-occupied home value near $245,200, with a margin of about $51,253, and a median year built of 1949, the oldest housing in the township. Village parcels in the Oxford Area district carry 41.1905 homestead mills in 2025, which is 7 mills above the same district outside the village.

Lakeville Lake and Lake George

North and central Addison Township is tract 1203, block group 3. The 2020 to 2024 American Community Survey shows a median owner-occupied value near $517,800, with a margin of about $68,215, a median year built of 1992 and 519 owner-occupied homes. All 683 homes counted there in 2020 are in the Oxford Area district. Census lists Lakeville Lake at about 424 acres of water, and property owners on the lake pay two special assessments for 2025 to 2029.

Round Lake and Yule Road

The southeast block group, tract 1200 block group 2, includes Round Lake and runs near Yule Road. The American Community Survey puts its median owner-occupied value near $380,400, but the margin is very wide, about $200,939, so read it as a rough guide. Median year built is 1990 and the block group holds 473 owner-occupied homes. In 2020 about 311 of its homes were in the Romeo district and about 84 in Oxford Area.

Secord Lake and Mayfield Road

East of Leonard, tract 1200 block group 3 covers Secord Lake and the land near Mayfield Road, and part of the Village of Leonard. The American Community Survey shows a median owner-occupied value near $371,000, with a margin of about $35,723, a median year built of 1986 and 450 owner-occupied homes. It touches three districts: about 355 homes in Oxford Area, 167 in Romeo and 42 in Almont, whose 2025 homestead rate is 27.443 mills.

Miller Lake and the southeast corner

The smallest block group, tract 1200 block group 1, is about 1.3 square miles around Miller Lake in the southeast. The Census did not publish a median value for it because the sample is small. It counts 98 housing units, of which about 72 are mobile homes, with a wide margin, and a median year built of 1989. In 2020 about 147 homes were in the Romeo district and 32 in Oxford Area.

Indian Lake and Addison Oaks

The southwest, tract 1203 block group 2, has a median owner-occupied value near $373,500, with a margin of about $60,840, a median year built of 1979 and 334 housing units. Indian Lake falls in ZIP 48370 and Addison Oaks County Park at 1480 West Romeo Road in 48367, so the block group straddles two ZIP codes. In 2020 about 202 homes were in Lake Orion Community Schools and 200 in Oxford Area.

West edge near Hosner Road

The western block group, tract 1203 block group 1, runs along Hosner Road toward Oxford. The American Community Survey puts its median owner-occupied value near $497,200, with a wide margin of about $102,737, a median year built of 1976 and 225 owner-occupied homes among 259 housing units. All 271 homes counted there in 2020 are in the Oxford Area district. The ZIP checked at the block group's center is 48370.

Tract 1203, west and north

Tract 1203 covers the west and north half of the township and holds 3,250 of its 6,278 people. The American Community Survey shows a median owner-occupied value near $467,300, with a margin of about $40,914, a median year built of 1986 and 1,035 owner-occupied homes among 1,189 housing units, all one-unit detached. Most of it is ZIP 48367 and the rest is 48370.

Tract 1200, east and south

Tract 1200 covers the east and south of the township and holds 3,028 people. The American Community Survey shows a median owner-occupied value near $364,300, with a margin of about $43,800, a median year built of 1988 and 993 owner-occupied homes among 1,064 housing units, including about 77 mobile homes. Its ZIP is 48367, and homes here fall in the Romeo, Oxford Area and Almont districts.

Schools and commute

Schools

Four school districts serve Addison Township, and the parcel decides which one. Matching 2020 Census housing counts to Census school district boundaries, about 1,625 of the township's 2,494 homes fall in Oxford Area Community Schools, about 625 in Romeo Community Schools, about 202 in Lake Orion Community Schools and about 42 in Almont Community Schools. That is roughly 65%, 25%, 8% and 2% of homes. Michigan Treasury's 2025 homestead rates differ by district: Treasury lists 34.1905 mills for Oxford Area, 31.5191 for Romeo, 35.6458 for Lake Orion and 27.443 for Almont. Two transfer rows also appear for parcels that straddle district lines: 35.983 for Oxford and Lake Orion and 32.9938 for Romeo and Oxford. Inside the Village of Leonard the Oxford Area rate becomes 41.1905. The township's own community links page lists all four districts. Ask the seller or the assessor for the district on the parcel record before you write an offer.

Commute

Most trips out of Addison Township start on North Rochester Road. Routing from the center of the Village of Leonard with OpenStreetMap-based OSRM, which assumes no traffic, Oxford village is about 9.6 miles and 19 minutes by way of Rochester Road and Lakeville Road, Romeo village about 11.9 miles and 21 minutes by way of East Romeo Road, and Rochester about 13.9 miles and 24 minutes. Lake Orion is about 13.8 miles and 24 minutes, Auburn Hills about 17.5 miles and 33 minutes, and Lapeer about 20.7 miles and 33 minutes by way of South Lake Pleasant Road and I-69. Pontiac is about 23.4 miles and 41 minutes, Troy about 24.8 miles and 44 minutes, and downtown Detroit about 40.4 miles and 61 minutes on the Walter P. Chrysler Freeway. Real drive times change with traffic. The Oakland County major employers list, which cites Crain's Detroit and was updated in December 2023, names Corewell Health, Stellantis in Auburn Hills, Oakland County government in Waterford and Magna in Troy among the county's largest. Public roads in the township belong to the Road Commission for Oakland County, and the supervisor's page says the township itself has no legal jurisdiction over roads, public or private. The township fire department runs two stations, and its site says Station 1 is staffed around the clock by at least two full-time personnel.

Day to day

Living in Addison Township

Parks, errands, township meetings, seasonal tasks and the kinds of homes you will see, from the township's parks page, the Addison Oaks page, the library page, the treasurer page, the Village of Leonard site, the Lakeville Swamp listing and the other sources named in each card.

What is there to do around Addison Township?

The township owns four parks. Addison Township Park has a walking track, pickleball courts, basketball, volleyball and a playground. Labodie Park is seven acres with a baseball field, sledding hill and gas fire pit. Watershed Preserve Park is 231 acres with a marked trail system about a mile north of the village, and Lake George Nature Park is 82 acres with trails, picnic areas and a fishing dock. Addison Oaks County Park, 1,140 acres at 1480 West Romeo Road, has a trail system of more than 20 miles, boat and kayak rentals, an 18-hole disc golf course and a 24 foot 10 inch climbing tower. The day use park is open year round, and the county takes camping reservations 180 days ahead for 2027. The Michigan Nature Association's 76 acre Lakeville Swamp sits just south of Labodie Park.

Where do people run errands?

The Addison Township Public Library is at 1400 Rochester Road, beside the township offices at 1440 Rochester Road, and its posted hours are 10 am to 8 pm Monday, Tuesday and Thursday and 10 am to 4 pm Wednesday, Friday and Saturday. The Village of Leonard office is at 23 East Elmwood Street. Routes to nearby towns start on Rochester Road. By OSRM, which assumes no traffic, Oxford is about 9.6 miles and 19 minutes from the village center, Romeo about 11.9 miles and 21 minutes, and Rochester about 13.9 miles and 24 minutes.

What happens here through the year?

The township's November 2026 calendar lists 6:00 pm Planning Commission, Zoning Board of Appeals and Township Board meetings, and the clerk's page lists agendas and packets for each. The park committee meets the first Monday of the month at 7:30 pm according to the township's parks newsletter, and the committee invites volunteers to park work days. The Village of Leonard's home page announces a Nature Park clean-up day.

What does each season mean for a homeowner?

Summer tax bills are mailed by July 1 and due September 14. Winter bills are mailed December 1 and due February 14, and unpaid taxes pass to the Oakland County Treasurer on March 1. The Road Commission for Oakland County handles public road snow plowing and repairs, and its citizen services number is 248-858-4804. Private roads are kept up by the owners along them. Lakeville Lake owners pay special assessments for 2025 to 2029, and township lake rules set one dock and two boats per parcel. The building department takes inspection calls through a 24 hour line, 248-628-5409, prompt 6, by 3 pm the day before.

Which kind of home are you after?

The Census counts 2,170 one-unit detached homes among 2,253 housing units, with a median year built of 1987. Lakefront homes on Lakeville Lake carry the lake assessments above with the parcel. Older village houses near Leonard have a median year built of 1949 and a median value near $245,200. The north block group around Lakeville Lake has a median year built of 1992 and a median value near $517,800. Manufactured homes number about 77 and follow their own lending rules. Homes on septic and wells need county records before closing.

Michigan property taxes

What will my property taxes be after I buy in Addison Township?

The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.

In Addison Township, our 2026 Uncapping Study found taxable value typically rises about 38% the year after a sale. On a $425,000 home, near the typical Addison Township value, the first-year tax goes up roughly $1,850 to $2,010, depending on the school district. Most homes here are in Oxford Area schools (about $2,010); Romeo schools homes run about $1,850. Your address decides which applies. We build your payment on that post-sale number.

Looking at an Addison Township address? Our Michigan property tax calculator finds that property's published 2025 millage and works out the tax to plan for after you buy.

In Samantha's words

I'd much rather somebody ask me, "Why are your taxes higher than what I'm seeing online?" than have them build a housing budget around the wrong assumption.

Side by side

2025 homestead millage by district in Addison Township

Rates come from Michigan Treasury 2025 Total Rates, and the township's treasurer bills summer and winter taxes. Try your own address on the property tax calculator, and read the homestead exemption guide and how assessments work. The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.

Which districts carry which mills?

The 2025 homestead rates are 34.1905 mills for Oxford Area, 31.5191 for Romeo, 35.6458 for Lake Orion and 27.443 for Almont. Two transfer rows, 35.983 and 32.9938, apply to parcels split between districts. Second homes use the non-homestead rows, such as 51.506 for Oxford Area.

What does the village change?

Parcels inside the Village of Leonard in the Oxford Area district carry 41.1905 homestead mills, 7 mills above the same district outside the village, and 58.506 non-homestead.

What is the planning arithmetic?

At a $417,000 value, half is $208,500. Times 34.1905 mills that is about $7,129 a year for Oxford Area, against about $5,722 at Almont's rate and about $8,588 inside the village. That is planning arithmetic, not a bill, and it is above the $4,482 the Census shows the median owner paying today because current owners' taxable value is capped.

Local resources

Check Addison Township records yourself

The official offices behind the tax and school details on this page.

What our clients say

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★★★★★
As a first-time homebuyer in Ferndale, I was unsure of some things. Samantha was awesome. She was extremely helpful and made sure I understood every part of the process.
Peter RosaAugust 2026
★★★★★
Want to shout out Samantha for the expert guidance, made my first-time homebuyer experience seamless! It exceeded expectations and was a stress free process throughout. Grateful for all your help and loving my new home in Bloomfield Hills!
MichaelJuly 2026
★★★★★
Samantha Shelton is amazing!! She helped me get into my first home in Ferndale. The closing process was easy I was able to take care of everything without taking a day off of work. Being a first time homebuyer was stressful but she provided clear communication and true experience guidance throughout the entire process
Jeffery HolleyFebruary 2026
★★★★★
Can’t say enough great things about Samantha and her team at Align Lending! Highly recommend
Justin BartonJune 2024

Individual experiences. Results vary.

Addison Township mortgage questions

If yours is not here, ask it on the call. There are no dumb questions.

Which ZIP code and tax unit apply to a home in Addison Township?

The parcel record answers it, not the mailing address. Most homes use ZIP 48367, which is the Leonard mailing address, and the west side uses 48370, which is Oxford. About 1,861 of the township’s 2,494 homes in the 2020 Census are in 48367 and about 621 in 48370. Inside the township the Village of Leonard adds 7 mills to the Oxford Area homestead rate, so a village address and a township address can carry different bills. The township’s assessing page lists the assessor’s contact details.

Four districts serve the township, and the parcel decides which. By 2020 Census housing counts about 65% of homes are in Oxford Area Community Schools, 25% in Romeo, 8% in Lake Orion and 2% in Almont. Their 2025 homestead rates run from 27.443 mills in Almont to 35.6458 in Lake Orion, with Oxford Area at 34.1905 and Romeo at 31.5191. Confirm the district with the assessor before you count on it, using the Treasury 2025 rate table.

Summer bills are mailed by July 1 and due September 14, and winter bills are mailed December 1 and due February 14, according to the township treasurer’s page. Taxes still unpaid on March 1 go to the Oakland County Treasurer. The treasurer’s office is at 1440 Rochester Road and is open Monday to Thursday, 7:30 am to 5:30 pm, closed Friday. Call 248-628-6020 or see the treasurer page for the principal residence exemption forms and the transfer affidavit.

Many do, and each parcel needs its own check. The Oakland County Health Division issues septic permits and conducts construction and final inspections, and the Village of Leonard’s website discusses septic systems in the village. A buyer typically asks for a septic evaluation and a well water test before closing, and the lender may ask for the results. Our guides on buying with a septic system and well water and home value list the steps, and the county septic page has the permit process.

Look up the exact address on the FEMA Flood Map Service Center before you make an offer. If the map shows the home in a high-risk zone, the lender requires flood insurance, and a quote ahead of time lets you build the cost into your budget. The FEMA Flood Map Service Center is free, and our guide on buying in a flood zone covers what to ask.

Property owners on Lakeville Lake pay two special assessments for 2025 to 2029, one for aquatic plant control and one for education, recreation, environmental work and administration, according to the lake association’s site. Township lake lot rules also limit riparian owners to one dock and two boats per parcel unless a permit allows more. Ask the seller for the current assessment amount and how it is billed. The association page describes the districts.

A public road is the Road Commission for Oakland County’s job, and a private road is maintained by the owners along it. The township’s supervisor page says Addison Township has no legal jurisdiction over any roads, public or private, and gives the county’s citizen services line, 248-858-4804, for road maintenance and snow plowing. Ask whether the road in front of a home is public or private, and what the owners pay into, before you close. The Road Commission site has more.

It helps to work with one who checks the parcel details early. A mortgage broker for an Addison Township MI purchase compares lenders against the specific home: the ZIP, the school district and its millage, a septic or well inspection, a lake assessment, or a manufactured home. Start with the homebuyer game plan, then look at the calculators and the loan pages for FHA and USDA loans.

Before you offer

Things to settle on an Addison Township house

Start with the township's building department page, the county septic page and the FEMA map service center. Then read our guides on manufactured homes, construction loans and Michigan transfer tax, and use the transfer tax calculator.

What about the septic system and well?

Ask for the septic permit record and a recent evaluation, plus a well water test. The county health division issues permits and runs final inspections, and the village's own site discusses septic systems downtown.

What about a lake or a private road?

Lakeville Lake carries two special assessments for 2025 to 2029, and township rules set one dock and two boats per parcel. Private roads are kept up by the owners along them, while public roads belong to the county road commission.

What permits and inspections matter?

The building department runs building and zoning inspections Monday to Thursday and plumbing, mechanical and electrical inspections on Tuesdays and Thursdays. Ask for permit history on additions, re-roofs and wetlands determinations.

Talk with a local mortgage expert

Tell Samantha what you are trying to do in Addison Township and she will tell you what actually matters for your situation, including whether the timing is right.

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    Tell us what you are trying to do

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  2. 2

    Samantha looks at your situation

    She works out what matters most for you specifically.

  3. 3

    You leave with a plan

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Sources

Where do the Addison Township figures on this page come from?

31 sources behind the Addison Township figures above, every link checked November 2026.

Align Lending LLC, NMLS #2041154. Samantha Shelton, NMLS 1647301. Equal Housing Opportunity. Licensed in Michigan, Ohio, North Carolina, Florida, Louisiana and Texas. Figures on this page are market research for orientation, not a quote. This page is for educational purposes only. It is not a credit decision, a preapproval, a commitment to lend, or an offer of credit.

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