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WATERFORD, MI 48329

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

Market Analysis

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

The WATERFORD, MI real estate market (48329) currently shows 84 active listings, with 33 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 41 days on market compared to 24 days last year.

The median listing price has risen 2.5% year-over-year, from $328,000 to $336,200.

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Market Context

Market Context

Population: 23,932  ·  Density: 897.6/mi²  ·  Median household income: $86,768

Typical home value: $234,324  ·  Homeownership: 89.0%

Market Overview

Active Listings
84
⇩ 4.5% vs 88 last year
Pending
33
39% pending ratio
Median Price
$336,200
⇧ 2.5% vs $328,000 last year
Average Price
$479,688
⇧ 10.7% vs $433,254 last year
Days on Market
41
⇧ 70.8% vs 24 days last year

Price Per Square Foot

Median $/sqft
$215
⇩ 2.7% vs $221/sqft last year
Median Home Size
1,632 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 88 last year
  • Days on market: 41 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $336,200 (+2.5% YoY)
  • Average: $479,688 (+10.7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.6 miles — 543 listings ($287,337,866 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48329Waterford, MI 483290.0 mi59$24,257,437$299,475$411,143
48327Waterford, MI 483273.3 mi45$13,891,860$289,000$308,708
48386White Lake, MI 483864.9 mi37$18,777,685$409,950$507,505
48348Clarkston, MI 483485.5 mi35$24,574,025$580,450$702,115
48359Lake Orion, MI 483596.1 mi23$11,809,212$510,000$513,444
48341Pontiac, MI 483416.4 mi39$6,744,621$133,500$172,939
48326Auburn Hills, MI 483266.9 mi43$14,884,407$328,700$346,149
48383White Lake, MI 483837.8 mi20$15,212,340$514,500$760,617
48350Davisburg, MI 483508.2 mi26$19,909,084$549,975$765,734
48362Lake Orion, MI 483628.9 mi36$32,629,536$549,975$906,376
48322West Bloomfield, MI 4832210.1 mi97$54,837,883$406,225$565,339
48356Highland, MI 4835610.4 mi19$7,528,560$393,700$396,240
48309Rochester, MI 4830910.6 mi64$42,281,216$512,450$660,644

Frequently Asked Questions

How many homes are for sale in WATERFORD, MI 48329?

As of September 2026, there are 84 active listings in WATERFORD, MI (zip code 48329), compared to 88 the prior year.

What is the median home price in WATERFORD, MI 48329?

The median listing price in WATERFORD, MI 48329 is $336,200 as of September 2026, a 2.5% increase from $328,000 the prior year.

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

Homes in WATERFORD, MI 48329 spend an average of 41 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in WATERFORD, MI 48329?

Based on current inventory and days-on-market data as of September 2026, WATERFORD, MI 48329 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 41 days on market compared to 24 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 48329 save an estimated $6,724 compared to a typical 5% commission on the median listing price of $336,200. 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.