Home Values

Walled Lake Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$118,200

  • 11.4% 1-year change
  • 4.1% 1-year forecast

The median home value in Walled Lake is $118,200. Walled Lake home values have gone up 11.4% over the past year and Zillow predicts they will rise 4.1% within the next year. The median list price per square foot in Walled Lake is $104, which is higher than the Detroit Metro average of $100. The median price of homes currently listed in Walled Lake is $111,900 while the median price of homes that sold is $106,824. The median rent price in Walled Lake is $1,300, which is higher than the Detroit Metro median of $875.

Relative ZHVI
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Walled Lake Market Overview

Data through Nov 30, 2014
  • $118,200 ZHVI
  • 4.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $111,900 Median listing price
  • $106,824 Median sale price (Oct 31, 2014)
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Walled Lake Market Health

Data through Nov 30, 2014
  • 7.6/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Cities

Name Median ZHVI
Orchard Lake $575,400
Novi $286,400
West Bloomfield $263,400
Name Median ZHVI
Commerce Township $226,800
Farmington Hills $217,500
White Lake $210,800
Name Median ZHVI
Wixom $208,300
Farmington $166,700
Wolverine Lake $157,200

Listings & Sales

Data through Nov 30, 2014
  • $104 Median list price / sq ft
  • $105 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
32.6%
Sold below listing
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Walled Lake Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,239 Walled Lake
    $1,078 Detroit Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,300 Rent list price
  • $1.00 Rent list price / sq ft
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