House Prices & Home Values Waterford, MI 2026
Average Data
| average house price | $298,566 |
| average size per house | 1729 ft² |
| average price per ft² | 173 $ / ft² |
04/04/2026 -
The value range (VR) for house prices in Waterford, MI is $150/ sqft to $166/ sqft. An average home with 1729 sqft costs approximately $259,350 to $287,014. Waterford, MI includes 3 ZIP codes and it is located in Oakland county.
The lowest prices are found in ZIP 48327, while the highest are in ZIP 48328. The average price per sqare feet is $173. Our analysis is based on 32 property listings.
Avergage prices by ZIP codes Waterford
| 48327 | 145 $ / ft² | | 48328 | 157 $ / ft² | | 48329 | 139 $ / ft² |
Historical development of home values in Waterford
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$138,659 |
-53.6% |
| 2011 |
$133,297 |
-55.4% |
| 2012 |
$132,939 |
-55.5% |
| 2013 |
$137,907 |
-53.8% |
| 2014 |
$144,765 |
-51.5% |
| 2015 |
$152,195 |
-49.0% |
| 2016 |
$160,137 |
-46.4% |
| 2017 |
$168,781 |
-43.5% |
| 2018 |
$178,112 |
-40.3% |
| 2019 |
$186,370 |
-37.6% |
| 2020 |
$196,005 |
-34.4% |
| 2021 |
$222,934 |
-25.3% |
| 2022 |
$259,891 |
-13.0% |
| 2023 |
$274,068 |
-8.2% |
| 2024 |
$289,923 |
-2.9% |
| 2025 |
$298,566 |
0.0% |
Graph: estimated home values in Waterford over time (USD)
Example: 100% financing house in Waterford
Loan amount:
$298,566
Interest rate:
6.00%
Fixed monthly payment:
$1,790.05
Breakdown in the 1st month:
Interest portion:
$1,492.83 –
Principal portion:
$297.22
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$17,814.22 |
$3,666.43 |
$294,899.57 |
| 2 |
$17,588.09 |
$3,892.56 |
$291,007.01 |
| 3 |
$17,348.00 |
$4,132.65 |
$286,874.36 |
| 4 |
$17,093.11 |
$4,387.54 |
$282,486.82 |
| 5 |
$16,822.49 |
$4,658.15 |
$277,828.67 |
| 6 |
$16,535.19 |
$4,945.46 |
$272,883.21 |
| 7 |
$16,230.16 |
$5,250.48 |
$267,632.73 |
| 8 |
$15,906.33 |
$5,574.32 |
$262,058.41 |
| 9 |
$15,562.51 |
$5,918.13 |
$256,140.27 |
| 10 |
$15,197.50 |
$6,283.15 |
$249,857.12 |
| 11 |
$14,809.97 |
$6,670.68 |
$243,186.44 |
| 12 |
$14,398.53 |
$7,082.12 |
$236,104.32 |
| 13 |
$13,961.72 |
$7,518.92 |
$228,585.40 |
| 14 |
$13,497.97 |
$7,982.68 |
$220,602.72 |
| 15 |
$13,005.62 |
$8,475.03 |
$212,127.69 |
| 16 |
$12,482.90 |
$8,997.75 |
$203,129.94 |
| 17 |
$11,927.94 |
$9,552.71 |
$193,577.23 |
| 18 |
$11,338.75 |
$10,141.90 |
$183,435.33 |
| 19 |
$10,713.21 |
$10,767.43 |
$172,667.89 |
| 20 |
$10,049.10 |
$11,431.55 |
$161,236.35 |
| 21 |
$9,344.03 |
$12,136.62 |
$149,099.73 |
| 22 |
$8,595.47 |
$12,885.18 |
$136,214.55 |
| 23 |
$7,800.74 |
$13,679.91 |
$122,534.64 |
| 24 |
$6,956.99 |
$14,523.65 |
$108,010.99 |
| 25 |
$6,061.21 |
$15,419.44 |
$92,591.55 |
| 26 |
$5,110.17 |
$16,370.48 |
$76,221.07 |
| 27 |
$4,100.47 |
$17,380.17 |
$58,840.89 |
| 28 |
$3,028.50 |
$18,452.15 |
$40,388.75 |
| 29 |
$1,890.41 |
$19,590.23 |
$20,798.52 |
| 30 |
$682.13 |
$20,798.52 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Waterford, MI
| 1500 sqft | 3900 sqft |
| Ø selling price | $313,995 | $667,953 | | Ø fast selling | $285,450 | $601,158 | | Ø high price sale | $342,540 | $734,749 |
In 2026, houses in Waterford, MI will be offered at an average price of $173 per square foot. A 1,500 sqft home priced at $313,995 is 22.17% more expensive per square foot than a 3,900 sqft home priced at $667,953.
Home prices in Waterford, MI vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $462,430.
Sellers who can wait longer may achieve a higher price of up to $565,192.
Discover Waterford, MI
Overview
Waterford, MI is a lake-rich community in Oakland County with a friendly suburban vibe and quick access to metro Detroit.
Known as the Lakeland of Michigan, the township features 30+ lakes including Cass Lake and Elizabeth Lake for boating, fishing, and paddle sports.
Families appreciate the Waterford School District, community programs, and a variety of neighborhood parks.
Outdoors and Transportation
Outdoor lovers visit Dodge #4 State Park on Cass Lake and the serene Drayton Plains Nature Center for trails and wildlife viewing.
The Oakland County International Airport (PTK) anchors local business travel and supports a vibrant aviation sector.
Commuters benefit from M-59/Highland Road and nearby I-75, connecting Waterford to employment centers across Southeast Michigan.
Community and Lifestyle
Historic sites, seasonal festivals, and farmers markets showcase Waterford?s small-town charm and strong civic identity.
Dining and shopping along Highland Road (M-59), Dixie Highway, and Williams Lake Road offer diverse local restaurants and services.
Real estate ranges from cozy lake cottages to modern neighborhoods, making Waterford Michigan attractive for first-time buyers and move-up families.
Whether you?re planning a visit or a move, Waterford, MI delivers accessible recreation, business opportunity, and a welcoming community feel.
FAQ – Home Values in Waterford
What is the median home value in Waterford in 2026?
In 2026, the typical home value in
Waterford is about
$298,566 for an average home size of
1729 square feet. This corresponds to an average
price of roughly $173 per square foot.
What is the average cost per square foot in Waterford?
In 2026, homes in
Waterford sell for an average of around
$173 per square foot, with a typical range
between $150 and
$166 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Waterford is about
1729 square feet, with an estimated
2026 value around
$298,566.
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