Waterford, MI Housing Market

$275,274

3.2% 1-yr

The average Waterford, MI home value is $275,274, up 3.2% over the past year and goes to pending in around 9 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Waterford Key Takeaways

Typical Home Values: $275,274

1-year Value Change: +3.2%

(Data through July 31, 2025)

Waterford Housing Market Overview

--1-year Market Forecast

218For sale inventory(July 31, 2025)

108New listings(July 31, 2025)

1.000Median sale to list ratio(June 30, 2025)

$271,483Median sale price(June 30, 2025)

$304,617Median list price(July 31, 2025)

47.3%Percent of sales over list price(June 30, 2025)

39.6%Percent of sales under list price(June 30, 2025)

9Median days to pending(July 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Waterford

NameMedian ZHVI
Vinewood$249,310
Central City$264,306
Churchill$271,339
Auburn Heights School$229,929
Northeast Corner$357,435
Auburn Heights Manor$312,067
Willow Woods$520,706
Rogers Park$156,678
Chesterfield$150,997

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Waterford Homes for Sale

995 N Cass Lake Rd APT 123

$77,000

1 bd1 ba800 sqft

995 N Cass Lake Rd APT 221

View Waterford listings

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Waterford Rental Market Trends

$1,672Average rent in Waterford(July 31, 2025)

$2,072National average rent(July 31, 2025)

0.0%Month-over-month change(July 31, 2025)

-0.3%Year-over-year change(July 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.