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WATERFORD, MI 48328

Real Estate Market Report  ·  Oakland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
69
⇧ 25.5% vs 55 last year
Pending
26
38% pending ratio
Median Price
$294,950
⇧ 17.5% vs $251,000 last year
Average Price
$360,109
⇩ 17.7% vs $437,633 last year
Days on Market
58
⇩ 3.3% vs 60 days last year

Market Context

Population: 25,717  ·  Density: 1,111.9/mi²  ·  Median household income: $65,687

Typical home value: $197,085  ·  Homeownership: 65.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WATERFORD, MI real estate market (48328) currently shows 69 active listings, with 26 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are selling faster, averaging 58 days on market compared to 60 days last year.

The median listing price has risen 17.5% year-over-year, from $251,000 to $294,950.

Whether you are buying or selling in WATERFORD, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 55 last year
  • Days on market: 58 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $294,950 (+17.5% YoY)
  • Average: $360,109 (-17.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.6 miles — 645 listings ($427,275,064 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48328Waterford, MI 483280.0 mi69$24,847,521$294,950$360,109
48327Waterford, MI 483273.0 mi50$16,366,050$299,020$327,321
48341Pontiac, MI 483413.4 mi41$7,168,153$139,900$174,833
48324West Bloomfield, MI 483243.8 mi43$47,021,790$395,000$1,093,530
48302Bloomfield Hills, MI 483025.2 mi39$77,045,865$950,000$1,975,535
48326Auburn Hills, MI 483265.6 mi35$13,339,270$360,000$381,122
48346Clarkston, MI 483466.3 mi54$31,975,884$418,990$592,146
48322West Bloomfield, MI 483227.3 mi90$41,168,250$365,000$457,425
48301Bloomfield Hills, MI 483017.9 mi33$51,350,607$1,162,000$1,556,079
48382Commerce Township, MI 483828.6 mi74$50,806,328$639,900$686,572
48309Rochester, MI 483098.8 mi59$38,989,914$550,000$660,846
48383White Lake, MI 483839.1 mi17$12,747,688$529,950$749,864
48334Farmington, MI 483349.6 mi41$14,447,744$289,900$352,384

Frequently Asked Questions

How many homes are for sale in WATERFORD, MI 48328?

As of January 2026, there are 69 active listings in WATERFORD, MI (zip code 48328), compared to 55 the prior year.

What is the median home price in WATERFORD, MI 48328?

The median listing price in WATERFORD, MI 48328 is $294,950 as of January 2026, a 17.5% increase from $251,000 the prior year.

How long do homes stay on the market in WATERFORD, MI?

Homes in WATERFORD, MI 48328 spend an average of 58 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in WATERFORD, MI 48328?

Based on current inventory and days-on-market data as of January 2026, WATERFORD, MI 48328 is currently a Balanced Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are selling faster, averaging 58 days on market compared to 60 days last year.

How much can I save on real estate commission in WATERFORD, MI?

With SELL123.com's maximum 3% commission, sellers in WATERFORD, MI 48328 save an estimated $5,899 compared to a typical 5% commission on the median listing price of $294,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.