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WALLED LAKE, MI 48390

Real Estate Market Report  ·  Oakland County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The WALLED LAKE, MI real estate market (48390) currently shows 85 active listings, with 24 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 44 days on market compared to 41 days last year.

The median listing price has fallen 5.2% year-over-year, from $354,000 to $335,600.

Whether you are buying or selling in WALLED LAKE, 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 Context

Market Context

Population: 23,854  ·  Density: 738.2/mi²  ·  Median household income: $84,172

Typical home value: $266,086  ·  Homeownership: 72.4%

Market Overview

Active Listings
85
⇧ 51.8% vs 56 last year
Pending
24
28% pending ratio
Median Price
$335,600
⇩ 5.2% vs $354,000 last year
Average Price
$397,033
⇩ 2.7% vs $407,954 last year
Days on Market
44
⇧ 7.3% vs 41 days last year

Price Per Square Foot

Median $/sqft
$226
⇩ 0.4% vs $227/sqft last year
Median Home Size
1,553 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 85 this year vs 56 last year
  • Days on market: 44 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $335,600 (-5.2% YoY)
  • Average: $397,033 (-2.7% 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 9.9 miles — 587 listings ($420,775,475 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48390Walled Lake, MI 483900.0 mi75$31,411,875$347,438$418,825
48377Novi, MI 483773.1 mi16$7,722,624$353,500$482,664
48331Farmington, MI 483314.7 mi42$20,076,504$429,472$478,012
48323West Bloomfield, MI 483235.2 mi43$40,718,248$719,700$946,936
48375Novi, MI 483756.0 mi45$18,868,185$453,750$419,293
48374Novi, MI 483746.1 mi19$15,823,295$699,250$832,805
48334Farmington, MI 483347.1 mi47$17,157,162$314,675$365,046
48386White Lake, MI 483867.3 mi37$18,777,685$409,950$507,505
48165New Hudson, MI 481658.0 mi41$19,192,264$539,950$468,104
48167Northville, MI 481678.6 mi88$99,746,680$832,450$1,133,485
48336Farmington, MI 483368.9 mi76$26,961,532$294,250$354,757
48302Bloomfield Hills, MI 483029.4 mi47$93,960,567$850,000$1,999,161
48380Milford, MI 483809.9 mi11$10,358,854$738,749$941,714

Frequently Asked Questions

How many homes are for sale in WALLED LAKE, MI 48390?

As of March 2026, there are 85 active listings in WALLED LAKE, MI (zip code 48390), compared to 56 the prior year.

What is the median home price in WALLED LAKE, MI 48390?

The median listing price in WALLED LAKE, MI 48390 is $335,600 as of March 2026, a 5.2% decrease from $354,000 the prior year.

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

Homes in WALLED LAKE, MI 48390 spend an average of 44 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in WALLED LAKE, MI 48390?

Based on current inventory and days-on-market data as of March 2026, WALLED LAKE, MI 48390 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 44 days on market compared to 41 days last year.

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

With SELL123.com's maximum 3% commission, sellers in WALLED LAKE, MI 48390 save an estimated $6,712 compared to a typical 5% commission on the median listing price of $335,600. 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.